$67500 broken, will $82900 be broken

[Bitcoin_Arena]

From the weekly, I see $82900 to be another strong resistance if $80000 resistance is not enough.

What do you think?
Will bitcoin increase above $82900?

It looks like there is very strong resistance around that region ($81,000 to $83,000), and we already see that Bitcoin has dropped back to $77,700 as of now. The momentum from earlier on is long gone, and I think the coming week will be more to do with price correction
Those planning to open long positions should be very careful

[BALIK]

  For now I expect that the ace trader I read on 73k target will likely turn out to be correct;  once again which is why I follow them for 20 years so it figures they were right.  In as much as best probability at least, nobody is always correct of course.

I don't know if we are following the same person. But a trader I have been following for years also thinks this rally is over and Bitcoin could drop back to the $70k-$65k range. Earlier, at the beginning of July, he predicted Bitcoin could reach $80k, and that is exactly what happened.

Nothing is certain, of course. But I still believe in the market cycle and think it's still repeating. So I'm leaning toward that scenario.

[Don Pedro Dinero]

I don't quite see why the OP sets the resistance at $82,900; I see it more at $81,000 or a little higher, although the OP is supposedly a much more experienced trader than I am. So, setting aside the exact figure, let’s say that if the price exceeds $83,000, I see the next resistance level at $100,000. I expect a lot of sell orders around that level. There were a lot last time, and there will be more, unless some miracle happens—like a major country announcing large, regular purchases of Bitcoin or something like that.

For now, I think the 80-something-thousand barrier—whatever the exact figure may be—will be a bit of a challenge to break through. 

[dwyane36]

From the weekly, I see $82900 to be another strong resistance if $80000 resistance is not enough.

What do you think?
Will bitcoin increase above $82900?

It looks like there is very strong resistance around that region ($81,000 to $83,000), and we already see that Bitcoin has dropped back to $77,700 as of now. The momentum from earlier on is long gone, and I think the coming week will be more to do with price correction
Those planning to open long positions should be very careful

I would say that resistance around $80k is already too strong, considering that this isn’t the first time the bulls have failed to break through it. Most likely, the market will see either a prolonged consolidation or a deep correction in September. However, sooner or later, this resistance level will be broken anyway, and when that happens, there will likely be a very strong upward surge.

[Marvelockg]

For now, I think the 80-something-thousand barrier—whatever the exact figure may be—will be a bit of a challenge to break through. 

I will rather look at it that since we've gotten to the $80k price, what we should be expecting is a pull that takes us towards the $90k while we still look at $80k to be yhe resistance. As long as we are above $80k, we are on a safe bull and till we get to $90k, we can just conclude that stability is around this range.

All the prices we are seeing now are foundation that takes us to a full recovery and possibly lead us to the next ATH. It might take time and we will see a lot of Ballance and resistance but eventually, bitcoin will still break through it all.