ChainCatcher reports that according to Bitcoin.com, Bitcoin is currently consolidating around $84,160, with prices fluctuating between $83,238 and $84,492, but market trading volume is low. Traders are focusing on a potential breakthrough in this price range, though mixed signals from oscillators and moving averages indicate hesitation.

The market is paying attention to levels above $85,000 to confirm a bullish trend, and a drop to $83,000 could lead to further pullback. Despite recent rebounds, long-term indicators still tend to be bearish.