Bitcoin Price Steadies—Is a Meaningful Bounce on the Horizon?

Bitcoin price started a recovery wave above the $80,500 zone. BTC is now rising and might aim for a move above the $84,000 and $85,000 levels.Bitcoin started a decent recovery wave above the $81,000 zone.
The price is trading above $81,500 and the 100 hourly Simple moving average.
There was a break below a short-term bullish trend line with support at $83,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could start another increase if it clears the $82,500 and $84,00