Bitcoin is trading around the $84K zone after a strong recovery in recent months. However, the latest move shows some cooling in buying pressure, while rising U.S. Treasury yields are creating short-term pressure on risk assets.
$BTC is now at an important level where buyers need to defend support and push price back toward recent highs. A strong breakout with rising spot demand could support another upward move, while losing key support could trigger a deeper correction.
For now, the market remains bullish on the bigger trend, but short-term volatility and profit-taking should be watched closely.
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