**Bitcoin Faces a Test of the $84,000 Support Level**



The cryptocurrency market is at a critical juncture for Bitcoin. According to the latest data, the current price is hovering around $92,020, having risen significantly from the range of $82,000 to $95,000 in late November.

**The $84,000 Zone Serves as a Support Level**

Market analysis indicates that the $84,000 to $85,600 range functions as an important support level, with approximately 976,000 BTC held by investors within this range. Falling below this level suggests the potential for increased downward pressure. In other words, maintaining a price above $84,000 is a crucial condition for price stability.

**Potential for Market Expansion with a Breakout**

Interestingly, Bitcoin recently achieved a breakout above $90,000. This development has sparked active discussions among market participants about the possibility of a rally toward the end of the year. The current level of around $92,000 reflects strong buying pressure and indicates a path toward further upward movement.
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