Bitcoin is trading at $86,729, experiencing a 0.8% decline over the past 24 hours. The cryptocurrency is currently testing a crucial support level at the 0.236 Fibonacci retracement of $86,835. A failure to hold this support could see Bitcoin's price drop to $84,440. Resistance levels are identified at $88,317, $89,415, and $90,711. According to analyst Titan of Crypto, the significant challenge for Bitcoin will be reaching $98,500, which would require a 13.6% increase from its current price.