• bitcoinBitcoin (BTC) $ 87,997.00
  • ethereumEthereum (ETH) $ 1,627.43
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.13
  • bnbBNB (BNB) $ 603.60
  • solanaSolana (SOL) $ 139.30
  • usd-coinUSDC (USDC) $ 0.999903
  • dogecoinDogecoin (DOGE) $ 0.161460
  • cardanoCardano (ADA) $ 0.642688
  • tronTRON (TRX) $ 0.243048
  • staked-etherLido Staked Ether (STETH) $ 1,626.71
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 87,963.00
  • chainlinkChainlink (LINK) $ 13.49
  • avalanche-2Avalanche (AVAX) $ 20.52
  • leo-tokenLEO Token (LEO) $ 9.02
  • stellarStellar (XLM) $ 0.260518
  • the-open-networkToncoin (TON) $ 3.01
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • suiSui (SUI) $ 2.24
  • hedera-hashgraphHedera (HBAR) $ 0.171358
  • usdsUSDS (USDS) $ 0.999857
  • wrapped-stethWrapped stETH (WSTETH) $ 1,957.16
  • bitcoin-cashBitcoin Cash (BCH) $ 344.40
  • litecoinLitecoin (LTC) $ 80.23
  • hyperliquidHyperliquid (HYPE) $ 18.10
  • polkadotPolkadot (DOT) $ 3.92
  • bitget-tokenBitget Token (BGB) $ 4.47
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • wethWETH (WETH) $ 1,633.94
  • pi-networkPi Network (PI) $ 0.636528
  • whitebitWhiteBIT Coin (WBT) $ 28.20
  • moneroMonero (XMR) $ 214.91
  • wrapped-eethWrapped eETH (WEETH) $ 1,739.25
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 87,914.00
  • pepePepe (PEPE) $ 0.000008
  • uniswapUniswap (UNI) $ 5.44
  • aptosAptos (APT) $ 5.18
  • daiDai (DAI) $ 0.999948
  • okbOKB (OKB) $ 51.07
  • gatechain-tokenGate (GT) $ 23.01
  • nearNEAR Protocol (NEAR) $ 2.30
  • ondo-financeOndo (ONDO) $ 0.874304
  • bittensorBittensor (TAO) $ 314.69
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.63
  • susdssUSDS (SUSDS) $ 1.05
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 16.11
  • internet-computerInternet Computer (ICP) $ 4.98
  • crypto-com-chainCronos (CRO) $ 0.083190
  • render-tokenRender (RENDER) $ 4.39
  • mantleMantle (MNT) $ 0.664354
  • aaveAave (AAVE) $ 144.85
  • kaspaKaspa (KAS) $ 0.083487
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • vechainVeChain (VET) $ 0.024333
  • cosmosCosmos Hub (ATOM) $ 4.27
  • fasttokenFasttoken (FTN) $ 4.23
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 87,598.00
  • filecoinFilecoin (FIL) $ 2.70
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.201169
  • algorandAlgorand (ALGO) $ 0.200717
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.648938
  • official-trumpOfficial Trump (TRUMP) $ 8.38
  • ethenaEthena (ENA) $ 0.300234
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.994819
  • celestiaCelestia (TIA) $ 2.61
  • sonic-3Sonic (prev. FTM) (S) $ 0.480726
  • arbitrumArbitrum (ARB) $ 0.311922
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 3.92
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 88,143.00
  • kucoin-sharesKuCoin (KCS) $ 10.01
  • optimismOptimism (OP) $ 0.729471
  • binance-staked-solBinance Staked SOL (BNSOL) $ 145.57
  • makerMaker (MKR) $ 1,385.92
  • jupiter-exchange-solanaJupiter (JUP) $ 0.403065
  • xdce-crowd-saleXDC Network (XDC) $ 0.072052
  • blockstackStacks (STX) $ 0.706387
  • flare-networksFlare (FLR) $ 0.016303
  • nexoNEXO (NEXO) $ 1.03
  • worldcoin-wldWorldcoin (WLD) $ 0.796383
  • story-2Story (IP) $ 3.76
  • eosEOS (EOS) $ 0.656844
  • binance-peg-wethBinance-Peg WETH (WETH) $ 1,629.90
  • bonkBonk (BONK) $ 0.000013
  • quant-networkQuant (QNT) $ 67.20
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 1,703.44
  • sei-networkSei (SEI) $ 0.180854
  • usdt0USDT0 (USDT0) $ 1.00
  • immutable-xImmutable (IMX) $ 0.503716
  • fartcoinFartcoin (FARTCOIN) $ 0.892603
  • injective-protocolInjective (INJ) $ 8.96
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,443.46
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • dexeDeXe (DEXE) $ 14.35
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • the-graphThe Graph (GRT) $ 0.085219
  • curve-dao-tokenCurve DAO (CRV) $ 0.612957
  • pax-goldPAX Gold (PAXG) $ 3,443.25
  • rocket-pool-ethRocket Pool ETH (RETH) $ 1,836.76
  • wbnbWrapped BNB (WBNB) $ 605.60
  • solv-protocol-solvbtc-bbnSolv Protocol xSolvBTC (XSOLVBTC) $ 86,643.00
  • galaGALA (GALA) $ 0.016289
  • jasmycoinJasmyCoin (JASMY) $ 0.014792
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 87,881.00
  • the-sandboxThe Sandbox (SAND) $ 0.281265
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 153.33
  • raydiumRaydium (RAY) $ 2.33
  • usual-usdUsual USD (USD0) $ 0.998033
  • coredaoorgCore (CORE) $ 0.675163
  • theta-tokenTheta Network (THETA) $ 0.667540
  • lido-daoLido DAO (LDO) $ 0.740430
  • msolMarinade Staked SOL (MSOL) $ 178.97
  • iotaIOTA (IOTA) $ 0.172144
  • mantle-staked-etherMantle Staked Ether (METH) $ 1,729.96
  • kaiaKaia (KAIA) $ 0.108202
  • heliumHelium (HNT) $ 3.46
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999703
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • flowFlow (FLOW) $ 0.377178
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.99
  • chain-2Onyxcoin (XCN) $ 0.017426
  • clbtcclBTC (CLBTC) $ 88,423.00
  • decentralandDecentraland (MANA) $ 0.309985
  • bitcoin-svBitcoin SV (BSV) $ 29.14
  • flokiFLOKI (FLOKI) $ 0.000060
  • movementMovement (MOVE) $ 0.231689
  • walrus-2Walrus (WAL) $ 0.431936
  • pendlePendle (PENDLE) $ 3.34
  • jito-governance-tokenJito (JTO) $ 1.69
  • tezosTezos (XTZ) $ 0.511462
  • pyth-networkPyth Network (PYTH) $ 0.145387
  • mantra-daoMANTRA (OM) $ 0.556491
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 1,708.63
  • zcashZcash (ZEC) $ 31.82
  • ethereum-name-serviceEthereum Name Service (ENS) $ 15.15
  • telcoinTelcoin (TEL) $ 0.005432
  • pumpbtcpumpBTC (PUMPBTC) $ 86,360.00
  • true-usdTrueUSD (TUSD) $ 0.997932
  • beldexBeldex (BDX) $ 0.068857
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999910
  • dydx-chaindYdX (DYDX) $ 0.611057
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999913
  • kavaKava (KAVA) $ 0.422595
  • grassGrass (GRASS) $ 1.65
  • ubtcuBTC (UBTC) $ 88,321.00
  • solayerSolayer (LAYER) $ 2.11
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 87,978.00
  • dogwifcoindogwifhat (WIF) $ 0.443036
  • thorchainTHORChain (RUNE) $ 1.25
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007641
  • spx6900SPX6900 (SPX) $ 0.454764
  • apenftAPENFT (NFT) $ 0.00000042
  • ecasheCash (XEC) $ 0.000021
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.161981
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 1,703.73
  • elrond-erd-2MultiversX (EGLD) $ 14.50
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • usdbUSDB (USDB) $ 0.998583
  • starknetStarknet (STRK) $ 0.139082
  • neoNEO (NEO) $ 5.70
  • tbtctBTC (TBTC) $ 87,588.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 1,632.06
  • ousgOUSG (OUSG) $ 110.75
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.590298
  • apecoinApeCoin (APE) $ 0.478560
  • berachain-beraBerachain (BERA) $ 3.49
  • axie-infinityAxie Infinity (AXS) $ 2.37
  • conflux-tokenConflux (CFX) $ 0.074124
  • arweaveArweave (AR) $ 5.77
  • compound-governance-tokenCompound (COMP) $ 41.18
  • chilizChiliz (CHZ) $ 0.038417
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 1,626.33
  • olympusOlympus (OHM) $ 22.20
  • based-brettBrett (BRETT) $ 0.036023
  • resolv-usrResolv USR (USR) $ 1.00
  • wormholeWormhole (W) $ 0.079080
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,627.29
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 1,734.46
  • super-oethSuper OETH (SUPEROETHB) $ 1,620.22
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • matic-networkPolygon (MATIC) $ 0.200856
  • usddUSDD (USDD) $ 1.00
  • beam-2Beam (BEAM) $ 0.006655
  • plumePlume (PLUME) $ 0.172307
  • aerodrome-financeAerodrome Finance (AERO) $ 0.421182
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000062
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.786520
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.005160
  • sun-tokenSun Token (SUN) $ 0.016913
  • saros-financeSaros (SAROS) $ 0.123670
  • aioz-networkAIOZ Network (AIOZ) $ 0.278091
  • roninRonin (RON) $ 0.522506
  • binance-peg-busdBinance-Peg BUSD (BUSD) $ 1.00
  • fraxFrax (FRAX) $ 0.999873
  • amp-tokenAmp (AMP) $ 0.003654
  • justJUST (JST) $ 0.030947
  • wemix-tokenWEMIX (WEMIX) $ 0.724300

Bitcoin Battles $85K Resistance: Key Price Levels and RSI Signal Next Move

0 14

Bitcoin Battles $85K Resistance: Key Price Levels and RSI Signal Next Move

  • Bitcoin struggles near $85K, with past rejections leading to pullbacks, while buyers attempt to hold recent gains.
  • RSI trends below 60, leaving room for an upward push if buying momentum strengthens.
  • A breakout above resistance could shift sentiment, setting the stage for a move toward previous highs.

Bitcoin’s price action is encountering resistance at $85,000, having rebounded from recent lows. A confirmed close above the level on a daily basis could shift resistance into support, heavily impacting future price action.

Bitcoin’s Resistance and Market Structure

Bitcoin’s price recently pulled back, forming a sequence of red candlesticks before establishing support. A blue horizontal level has marked price interaction, historically acting as a crucial technical area. Recent candlestick formations indicate renewed buying pressure, increasing momentum and pushing Bitcoin toward resistance.

According to Rekt Capital, a weaker rejection pattern suggests resistance is losing strength. He observed that Bitcoin’s past attempts to break above $92,000 resulted in rejections, leading to market consolidation. He noted that Bitcoin’s price is currently near $83,973, with buyers attempting to hold recent gains.

Bitcoin Battles $85K Resistance: Key Price Levels and RSI Signal Next Move

Source: Rekt Capital

Analyst Rekt stated that previous rejections at this level caused sharp pullbacks, but current price action suggests buyers are still engaged. He confirmed that Bitcoin’s ability to stay above key levels has historically led to stronger bullish continuation.

Market Reaction and RSI Analysis

Rekt Capital stated that Bitcoin remains below key resistance. He analysed that the Relative Strength Index (RSI) trends below 60, indicating room for upward movement. He confirmed that past RSI movements above this level have supported continued bullish momentum. He noted that Bitcoin’s previous rallies gained traction when RSI crossed this threshold, making it an important breakout point.

BullxBTC has highlighted additional insights into Bitcoin’s struggle to sustain gains above $85,000. He analysed that the chart structure presents a descending wedge formation pattern, characterized by lower highs and lower lows.

Bitcoin Battles $85K Resistance: Key Price Levels and RSI Signal Next Move

Source: BullxBTC

BullxBTC shows that if Bitcoin maintains buying pressure, analysts expect a test of higher resistance zones. Market participants are closely watching Bitcoin’s price action. A confirmed breakout could signal a shift in sentiment and potential movement toward previous highs.

Source

Leave A Reply

Your email address will not be published.