BTC/USDT: Range-Bound Movement with Rebound Potential from Key SThe BTC/USDT market recently tested last week’s high but pulled back after encountering resistance near the 89,000 level. On the daily timeframe, the latest candle formed a doji, signaling weakening selling pressure.
The price has reached the two-week low, where underlying liquidity may trigger a bounce—especially around the psychological 80,000 level. With the market consolidating after recent sell-offs, a move toward the 85,000 area is possible. A monthly doji close is also anticipated, reflecting the broader indecision. The next upside target is the resistance zone around 84,000