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CoinOtag 2025-12-02 05:45:56

Bitcoin Approaches 2016-Style Trendline Pattern Near $82K-$84K Support

Bitcoin is trading near its long-term trendline support at around $86,704, mirroring the 2016-2017 accumulation pattern that preceded a major bullish surge. Key support levels at $84,000–$82,000 remain critical, with potential for rebound if momentum builds, as analysts observe intact multi-year structure despite recent outflows. Bitcoin tracks its long-term ascending trendline, similar to the 2016–2017 [...]

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