Analyst: Bitcoin faces resistance at $84000, with pullback support levels at $77000 and $63000
According to analyst Alicharts, Bitcoin has broken through the downward resistance trend line and is approaching a high of $83000. The URPD data of Bitcoin shows significant resistance in the range of $83307 to $84569, with nearly 975000 BTC being bought here, which can easily trigger profit taking. If there is a pullback, the potential support level for Bitcoin is between $76996 and $78258 (843000 BTC) and $63111 (925000 BTC).