Bitcoin Fails to Break $85,500 Barrier: Consolidation Signals Future Breakout Potential

Bitcoin’s price continues its volatile journey, failing to breach the crucial $85,500 resistance level for a second time. Despite these setbacks, the cryptocurrency remains in a consolidating phase between $78,000 and $85,500, hinting at potential breakout attempts. This sideways movement suggests an ongoing wait-and-see strategy as traders assess market sentiment before decisive action.