The $84,000 area is on many traders' radars because it coincides with the CME gap formed in early February. From a technical perspective, the price has validated a bull flag on the daily chart after breaking above the upper boundary at $77,500. A daily candlestick close above the 200-day exponential moving average at $$82,000 will confirm the continuation of the uptrend toward the measured target of the flag at $94,800. Such a move would bring the total gains to 18%. $BTC liquidation heatmap. Source: Glassnode