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