Bitcoin’s price shows signs of recovery, recently hitting a high above $84,600 after a period of support near $77,000. However, it continues to be capped by resistance around $87,400. Short-term indicators like the 20-day moving average are providing some support at around $82,687, while volatility is increasing as seen in widening Bollinger Bands. The recent positive shift in the MACD suggests a potential bullish trend but further price confirmation is required for a sustained uptrend. 4-Hour chart reveals Bitcoin consolidating within a narrow range between $82,000 and $87,000, while short-term momentum remains subdued with a flattening MACD. A breakout above the $87,000 resistance could signal a decisive bullish trend, whereas a breakdown below the support levels would increase bearish risk.