Key Takeaways Bitcoin’s price holds near $84,600 to $84,887 after retreating from the $87,219 area. BTC faces its first upside trigger between $85,000 and $85,500. Bitcoin’s 12 tracked moving averages remain bullish as MACD signals a bearish reading. 1-Hour Chart: Bitcoin Builds a Tight Base After the Sell-Off The 1-hour chart shows bitcoin’s price settling into consolidation after falling from $87,219 to $83,841, with the price subsequently building a narrow shelf around $84,400 to $84,700 as volume steadily declined. That compression puts $84,800 to $85,000 in the spotlight as the first upside trigger, while a clean hourly break accompanied by …