Bitcoin is attempting to break through the $86,000 resistance level amid mixed feelings from traders regarding the sustainability of this upward trend. Despite some optimism about a potential move toward $90,000, skepticism remains, especially in light of macroeconomic volatility. Trading resource Stockmoney Lizards suggested that traders should expect Bitcoin to continue trading within a range of $78,000 to $88,000, building momentum before making a decisive move. The trader SuperBro noted that a breakthrough of the current downtrend may lead to higher highs, particularly around the 200-day moving average. However, veteran trader Peter Brandt cautioned that trendline violations do not necessarily indicate a definitive transition in market trend, emphasizing that such indicators hold minimal significance. The market is presently marked by emotional volatility as traders flip between bullish and bearish sentiments, indicating a need for caution as Bitcoin navigates potential price changes.

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