Analyst: Bitcoin Faces Limited Resistance Above, Next Major Resistance Zone at $83,307–$84,569
2026-08-21 04:09
Odaily News – Ali Charts posted on X platform, stating that Bitcoin has formed strong support in the $61,849 to $63,111 range, where over 2 million BTC have previously changed hands. The Unrealized Profit/Loss Distribution (URPD) data indicates that resistance zones above Bitcoin are limited. If Bitcoin breaks above $75,733, the next major supply cluster could be located in the $83,307 to $84,569 range, where approximately 1 million BTC have previously been traded.
