BTC/USD Forecast: Bitcoin Pulls Back Toward $83,400BitcoinCRYPTO:BTCUSDJohn_Isige BTC/USD reached 87,300 last week before correcting lower. At the time of this update, Bitcoin is trading near 83,400 after moving below the 84,375 Murray level . The fundamental backdrop remains mixed. Strong U.S. economic data and expectations of another Federal Reserve rate increase are supporting the dollar. Meanwhile, improving U.S.–China relations and demand for cryptocurrency ETFs continue to limit the correction. Technical outlook Short-term pressure has increased after the price fell below 84,375. However, BTC/USD remains above the key support at 81,250, so the wider structure has not yet turned decisively bearish. A breakout above 87,500 could extend the advance toward 93,750 and 97,520. A confirmed move below 81,250 could trigger a deeper correction toward 75,000, 68,750 and 62,500. Key levels Resistance: 84,375, 87,500, 93,750, 97,520. Support: 81,250, 75,000, 68,750, 62,500. Bullish scenario Entry: above 87,500 Targets: 93,750 and 97,520 Stop-loss: 83,100 Bearish scenario Entry: below 81,250 Targets: 75,000, 68,750 and 62,500 Stop-loss: 85,600 BTC/USD remains inside the wider 81,250–87,500 range. A confirmed breakout from this area is needed to determine the next directional move. This analysis is provided for informational purposes only and does not constitute investment advice.