Bitcoin Price Watch: Fibonacci Levels Signal Potential Rebound if $85K Holds 📈
Bitcoin's current price fluctuates between $84,968 and $85,168, maintaining a market capitalization of $1.68 trillion. The cryptocurrency's 24-hour global trade volume has reached $10.64 billion, while trading within an intraday range of $83,682 to $85,233.
Notably, Bitcoin is still 21.7% below its all-time high, recorded on January 20, 2025. Analysts closely observe Fibonacci levels, which may indicate a potential rebound if Bitcoin's price holds above the $85K mark.
Source: news.bitcoin.com ↗
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