Bitcoin Pulls Back from $82K: Bulls Losing Nerve or Healthy Bear Flag Retest?

After reaching a local high of around $82,800, the $BTC price has suffered a 4.25% fall, losing the major $80,600 horizontal support level, and pulling back to the top of the bear flag which was strong enough support to stop the rot. As Bitcoin continues its bounce, could $85,000 be the next higher target?