$BTC Holding the $83K Line ๐จ
Bitcoin is consolidating around $83,000โ$84,000 after last week's run toward $87K. ๐
โ Spot ETF inflows remain strong
โ Daily chart still bullish, above all key EMAs
โ ๏ธ 10-yr Treasury yield at highs not seen since 2007
โ ๏ธ Geopolitical and oil headwinds
โ ๏ธ PCE inflation data is the next catalyst
Key levels: Support $83K | Resistance $85Kโ$85.8K
A daily close below $83K could open a deeper pullback. A break above $85K could bring back the bullish momentum. ๐
Stay patient, manage your risk, and don't chase candles.
What's your call, bounce or breakdown? ๐
#bitcoin #BTC #Binance #CryptoMarket #BinanceSquare
Bitcoin is consolidating around $83,000โ$84,000 after last week's run toward $87K. ๐
โ Spot ETF inflows remain strong
โ Daily chart still bullish, above all key EMAs
โ ๏ธ 10-yr Treasury yield at highs not seen since 2007
โ ๏ธ Geopolitical and oil headwinds
โ ๏ธ PCE inflation data is the next catalyst
Key levels: Support $83K | Resistance $85Kโ$85.8K
A daily close below $83K could open a deeper pullback. A break above $85K could bring back the bullish momentum. ๐
Stay patient, manage your risk, and don't chase candles.
What's your call, bounce or breakdown? ๐
#bitcoin #BTC #Binance #CryptoMarket #BinanceSquare