#BTCRebound

The increasing accumulation by BTC LTHs has pushed its price above the major resistance at $81,863. At the time of publication, the currency is trading at $83,665.

With the market responding to this ongoing buying pressure from LTHs, the price of Bitcoin may be poised for a significant rise in the near future.

If retail traders follow the same approach and increase their demand for tokens, BTC may break the $85,000 level to reach $87,730.