Bitcoin briefly pushed above $87,000, then ran into resistance and slipped back below $84,000 as reports linked the reversal to more than 30,000 Bitcoin sold by major holders.
These one-hour candles show Bitcoin’s price pushing up from just above $84,000 to a local close at nearly $85,000. Resistance capped the upside at about $84,955, with support holding around $83,850.
After that rejection, the key level now is $82,500. If Bitcoin stabilizes above it, traders may treat the pullback as contained. If not, attention shifts to whether selling pressure keeps building below that support.