Bitcoin has continued its corrective process after reaching the roof of the downward channel and hitting a strong resistance, breaking an important level of support. This level now acts as resistance, and if it stabilizes below it, it will be more likely to continue falling. The current price is in the range of  82,913 and the reaction to this level will determine the future direction of the market.

Important resistance: The 83,000 range, which used to be supported and now acts as a resistance level.

Next support: 77,000 range, which is on par with the bottom of the descending channel and is of great importance.

Next resistance range: if the price returns and stabilizes above 83,000,The 85,000 range is considered the next target.

Given the loss of support and its conversion to resistance,continuing price correction to The 77,000 range is the most likely scenario. If sales pressure increases, there is also a possibility of this level failing and moving towards lower support.

If bitcoin can stabilize above 83,000 again,an upward correction of 85,000 can be expected. But this possibility is not so strong given the bearish market conditions.

The overall market structure remains bearish, and until Bitcoin can regain lost resistance levels, there is a possibility of continuing to fall. In the event of a failure to cross the resistance, the price will likely fall to the bottom of the downward channel, 77,000.