Bitcoin Rebound Stalls as $80,000-$81,500 Demand Zone Draws Buyers

Bitcoin (BTC) rebounded toward $83,300 after buyers responded near the $80,000-$81,500 demand zone, but the recovery remains below a rising trendline that recently broke.

The daily chart shows resistance between $86,500 and $90,500, where Bitcoin was rejected before declining. The 100-day moving average near $73,300 remains above the 200-day average around $72,200, preserving a bullish crossover, although both averages are below the current price.

Holding the $80,000-$81,500 demand zone would leave room for a recovery toward $85,000-$87,000. A sustained move into that area would return the broader $86,500-$90,500 resistance zone to focus.

A decisive break below $80,000 would weaken the ascending structure and bring the $75,000-$78,000 area into view. Bitcoin has tested the $80,000-$81,500 zone twice on the four-hour chart, with both visits attracting buying interest.

The latest rebound has approached recent highs around $84,000. A sustained move above that level could support an advance toward the $85,000-$86,700 supply zone. Failure to reclaim it would leave the rebound vulnerable to forming another lower high.

Renewed large-order readings during price action between $82,000 and $87,000 suggest that large participants were active. The measure does not show whether trades were buys or sells, so the readings alone do not confirm selling.

Continued large-order activity alongside failed recoveries and fresh breaks below support would strengthen the distribution scenario. A sustained move above $85,000-$86,700 would weaken that interpretation.