$BTC BTC has experienced considerable downward pressure since it failed to hold in the upper range.
Thereafter, price fell significantly and currently trades at approximately $83k while trying to find stability from recent sell-offs.
For the time being, the area between 81k-82k is considered the most critical level of support.
In addition, this area was previously defended and is serving as a primary reaction zone for the second time.
As long as BTC can continue to trade above this support area there is potential for a short-term relief bounce.
A price increase back over $85k will be the fir