Bitcoin is currently in a consolidation phase following its recent rally. The asset has established firm support in the 84–85K region, while facing meaningful selling pressure near the 92–94K zone. These two levels are critical—they'll essentially determine what happens next in the market. A decisive break through that upper resistance could spark another leg higher with strong momentum. On the flip side, if buyers lose the lower support zone, we might see a sharper pullback unfold. The setup here is fairly straightforward: traders are watching these boundaries closely to see which scenario plays out.