Bitcoin Faces $85,000 Resistance as Markets Await Key Economic Data

Bitcoin continues to struggle to break through the $85,000 resistance level, which has become a critical psychological boundary for traders. Market participants are now focused on the upcoming U.S. ISM Manufacturing PMI, a key economic indicator expected to influence the dollar, bond yields, and risk assets. Meanwhile, the VIX index closed at 16.34, reflecting underlying market sentiment as investors monitor these converging factors.