Viewpoint: Bitcoin faces significant resistance in the $84,000 range, with potential support levels at $77,000 and $63,000.

According to analyst AliCharts, Bitcoin’s current price trajectory mirrors its bottom-forming phase in 2022–2023, having broken through a descending resistance trendline and approaching the ~$83,000 high from May 2026. This could spark a pullback that creates a buying opportunity, with a target of $100,000. Additionally, Bitcoin’s UTXO Realized Price Distribution (URPD) data indicates a major resistance zone between $83,307 and $84,569, where nearly 975,000 BTC was purchased. Coupled with traders holding a 25% profit margin, this zone is likely to trigger profit-taking and short-term corrections. Should a pullback occur, Bitcoin’s potential support levels stand at $76,996–$78,258 (with 843,000 BTC in trading volume) and $63,111 (with 925,000 BTC). A dip to these areas could offer another significant buying opportunity.