
Bitcoin recently surged to around $80,000, wiping out $35.6 million in whale orders and short positions, but now struggles to maintain that level. Analysts highlight that holding above $80,000 is crucial for Bitcoin to continue its upward momentum toward filling the $84,000 CME gap. Failure to hold this key level could lead to a pullback toward support zones between $75,000 and $79,600. The next resistance levels to watch are $81,000 and $82,000, with major supply zones much higher around $90,000 and beyond. The market remains at a critical juncture between support and resistance, with the potential for either a continued rally or a deeper correction.