Analysts: Bitcoin's recent psychological threshold is at $81,500.

According to Odaily Planet Daily, CryptoQuant analyst MorenoDV_ stated that Bitcoin's price must hold above $81,500, as this price level is a psychological dividing line. Investors typically feel reassured when Bitcoin's price is above this support level. Another trader and analyst, Daan Crypto Trades, stated that the BTC/USD price will continue to fluctuate wildly until the major support level in the $84,000 to $85,000 area is breached, or the resistance level of $94,000 is broken. (Cointelegraph)