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Bitcoin Price Bounces Back—Can It Finally Break Resistance?
- Bitcoin price has started a recovery wave above the $83,500 zone.
- The price is consolidating and may struggle to settle above the $85,500 zone.
- There is a connecting bullish trend line forming with support at $84,500 on the hourly chart.
- BTC/USD pair needs to stay above the $83,500 zone for another potential increase.
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