CryptoQuant Says Bitcoin Must Clear $81,700 Resistance to Confirm New Bull Market

CryptoQuant analysts have highlighted a critical technical hurdle for Bitcoin. While the overall market sentiment remains positive, the cryptocurrency must breach a defined resistance range to solidify a new upward trend.

Key Resistance Levels

The primary barrier is identified at $81,700. If Bitcoin can close above this level, it would signal momentum toward higher price targets.

Extended Resistance Zone

Beyond the initial $81,700 mark, a broader resistance corridor stretches up to $88,700. Sustained price action above this zone would further confirm the emergence of a bull market.

Implications for Traders

• Breaking $81,700 could trigger renewed buying interest.
• Maintaining price above $88,700 would strengthen the bullish case.
• Failure to clear these levels may lead to continued consolidation.