India, Sept. 20 -- Bitcoin was trading around the low-$81,000 range on September 20, after recovering strongly from levels below $76,000 last week. The immediate question for traders is whether BTC can break through the $82,000-$83,000 resistance zone. Bitcoin had repeatedly struggled to move above this area, making it an important level for the current rally. The latest rebound has brought Bitcoin back near the resistance zone.

Bitcoin has already recovered the important $80,000 psychological level. The next major test is between $82,000 and $83,000. If Bitcoin can break and stay above this range, the next possible target area could be around $85,000-$86,000.

However, sellers could become more active again around those higher levels. C...