Bitcoin Tests Critical Resistance Near $86K; Make-or-Break Moment Approaching

Bitcoin is currently grappling with resistance near the $86,000 mark on the 4-hour chart, experiencing repeated rejections since early March. This descending trendline pattern forms an ascending wedge, indicating rising pressure but weak volume support. If Bitcoin breaks through this level with substantial volume, upside targets may reach $88,000 and $91,000. However, failure could lead to a retest of the $80,000 or even $77,000 levels.