One of the most encouraging signs in the daily chart of BTC is the formation of a bullish divergence. However, BTC faces a crucial resistance zone at the $85,500 range, where the 200-day EMA and a trendline resistance intersect. If BTC manages to break through this resistance, the next key levels to watch are $86,600, $89,300, $90,500 and $92,800. On the flip side, if BTC fails to break above and faces rejection, a retracement to the $81,000-$80,000 range is likely.