Bitcoin faces crucial test at 81,700 dollars to validate bull run

Bitcoin is knocking on the door of a new era, but analysts warn the path upward isn't a straight line. Data from CryptoQuant shows the asset needs to decisively flip the $81,700 level from resistance to support before the market can confidently call this a sustained bull cycle. While the current momentum looks strong, a dense thicket of sell orders stretches all the way up to $88,700. Traders are watching these specific price clusters to see if bulls have the stamina to absorb the overhead supply. If buyers can't clear these hurdles, the recent rally risks being labeled a local peak rather than a structural breakout. It’s a classic tug-of-war where the next $7,000 move defines the trend for the rest of the quarter. Will the liquidity at $88,000 act as a ceiling or a magnet?