The cryptocurrency market continues to surge, according to CoinMarketCap data. Bitcoin (BTC) has experienced a slight uptick of approximately 1% in the past day. Analyzing hourly charts reveals a potential local resistance at $82,923 on the BTC/USD pair. While the daily ATR has passed, there is minimal probability of significant price fluctuations by tomorrow. However, if today’s candle closes near current levels, we could witness a level break followed by a test of the $84,000 zone. Looking at broader timeframes, Bitcoin remains away from key support and resistance levels. Currently, sideways trading within the range of $80,000-$84,000 is the most likely scenario. The midterm perspective reveals a false breakout above the $76,000 support level. Should the weekly bar close significantly above that mark, we could anticipate continued upward momentum toward the $87,000-$90,000 zone. As of press time, Bitcoin is trading at $81,940.