A daily close above that level could shift Bitcoin’s next targets toward $89,000-$91,000 before a potential run at $100,000.

Bitcoin is trading near $78,000 after failing to hold above the $82,500 resistance zone, leaving $83,000 as the level analyst Crypto Patel says must be reclaimed to change its bearish higher-timeframe structure.

A rejection could put $68,000, $62,000, and eventually $50,000 back on the table, although Patel also sees a path toward $300,000 if Bitcoin’s four-year cycle pattern repeats.

Bitcoin Faces Another Test Around $83K

In a September 8 post on X, Crypto Patel said Bitcoin had been rejected from $82,500, a resistance area he had identified in…