BTC Price Prediction: Bitcoin Crosses $86k, Is a Drop Over?

Bitcoin price held above the $86,000 mark on Monday after posting a mild weekend recovery. The rebound followed a sharp pullback last week that dragged the cryptocurrency to multi-week lows. The overall crypto industry market performed a little better, with a gain of approximately 1% in the past 24 hours. This move signaled a cautious shift in sentiment after several days of heavy selling and widespread liquidations.