BTC Bounces to $83K — Is the Bottom Really In?
Bitcoin has rebounded from around $80,300, but I’m not ready to call it a confirmed bottom just yet.
Because price is recovering — but capital may not be.
Deleveraging around $80K: Selling pressure may have eased, but that doesn’t mean buyers are stepping in.
Weekend risk sentiment improved: That creates room for a bounce, not proof that macro risks are gone.
ETF flows remain weak: Without sustained capital inflows, this recovery could still be just a short-term rebound.
A real reversal needs more than $83K.
A reclaim and hold above $85K
ETF inflows picking up again
Until both signals appear, I see this as a rebound — not yet the start of a new uptrend.
BTC’s biggest resistance may not be on the chart. It may be in oil prices and U.S. Treasury yields.$BTC