After plunging to a multi-week low of $74,409, Bitcoin has staged a modest recovery. But as of Tuesday morning, analysts caution that multiple resistance levels between $80,500 and $82,500 could stall the rally or even trigger another leg downward.

Bitcoin (BTC) fell sharply earlier Monday, breaking below key support levels at , , and eventually slipping under the psychological threshold. The drop followed broader crypto market weakness linked to macroeconomic fears and new U.S. trade tariffs, including:

The sell-off sent BTC tumbling to before bulls stepped in.

Bitcoin has since rebounded above , recovering more than 6% from its lows. The move also reclaimed the of the recent $83,680-to-$74,409 decline, suggesting growing bullish momentum.

However, the path upward is crowded with resistance:

“Clearing $81,500 and $82,500 is critical,” said analysts from SignalPlus. “If bulls can’t break through these levels, the market remains vulnerable to fresh selling pressure.”

Despite the bounce, failure to break above $80,500 or $81,500 could lead to another leg down. Key support levels to watch include:

“We’ve seen short-term optimism, but the broader technical setup still leans bearish until BTC convincingly reclaims its 100-hour simple moving average,” said BTSE’s Jeff Mei.

Until BTC breaks above $82,500 with volume and strength, any upside could be fleeting.

Bottom Line

Bitcoin’s recovery from Monday’s lows is encouraging—but far from convincing. A rejection at resistance could drag BTC back toward the $75,000–$74,400 danger zone. Traders should brace for volatility as the market awaits clarity on global trade and economic conditions.

– Bitcoin Updates and Headlines from FingerLakes1.com