Bitcoin is consolidating around $80,000 after a sharp recovery from the $60,000 area, facing a significant resistance zone between $80,000 and $82,000. The RSI indicator shows bearish divergence with lower highs as price approaches previous resistance levels. A daily close above $82,000 could expose the next major resistance around $95,000, while rejection would likely trigger a pullback toward the $72,000-$74,000 support zone and potentially $66,000. On-chain analysis reveals relatively limited whale activity in the current $77,000-$80,000 range, contrasting with the heavier activity observed near the $60,000-$65,000 lows.
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