By Darth001 
Bitcoin (BTC) is at the center of an intense struggle between bulls and bears, consolidating around $85,000 after fluctuating between $78,000 and $92,000 in recent days. This psychological level has become a crucial battleground, determining the market’s next direction.
On the daily chart, BTC shows signs of uptrend exhaustion, with the Relative Strength Index (RSI) hovering near overbought territory, signaling a possible short-term correction. However, the 50-period moving average still supports the bullish trend, offering immediate support around $82,000.
If selling pressure intensifies, the $78,000 level represents a key support zone, potentially attracting buyers and maintaining the long-term bullish outlook. Conversely, a breakout above $88,000 could pave the way for a new test of $92,000, reinforcing a bullish scenario and possibly driving BTC toward new all-time highs.
Trading volume remains a decisive factor. If there is a strong inflow of institutional capital around $85,000, resistance could break, triggering a rally. Otherwise, the market may experience another pullback before any upward continuation.
The “Battle of 85K” remains intense, and the coming days will be crucial in determining whether BTC continues its upward trajectory or faces a deeper correction.