Bitcoin Breaks Through $85K, Poised for Potential Breakout

After a period of volatility, Bitcoin has surged above the crucial range between $82,050 and $85,115. This reclaiming of the key zone came after a rebound from the $76,000 region, resulting in a bullish engulfing candle. The recent price action indicates a shift in market sentiment towards more optimistic outlook. Analysts believe this move signifies a potential breakout toward the $91K to $94K levels.