Bitcoin Hits Resistance at $85K as Bullish Momentum Stalls

In Brief:

Bitcoin’s rally slows at the $85,000 resistance level.

Risk-reward ratio turns neutral, signaling possible short-term correction.

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Bitcoin’s bullish momentum has hit a wall at $85,000, according to a report from CoinDesk. Market analysts say the resistance at this level is proving difficult to break, with current momentum not yet strong enough to push higher.

As a result, the long risk-reward ratio has turned neutral—suggesting the market is no longer favoring aggressive long positions in the near term.

While overall sentiment remains optimistic, traders are now watching closely for a decisive move. A strong breakout could spark a renewed leg up, but failure to sustain above $85,000 might lead to a short-term correction.

Investors are expected to remain cautious heading into the week as Bitcoin tests this critical level.

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