📈 Bitcoin is starting the week back in recovery mode.

BTC climbed toward:

$83,000

during early European trading, gaining roughly 1.6% over 24 hours.

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The move came alongside a broader rebound in global risk assets.

Markets received a boost after China's economy grew faster than expected.

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Third-quarter GDP increased:

4.5% YoY

up from:

4.3%

in the previous quarter.

Chinese retail sales also surprised to the upside:

• Actual: +1.1%

• Expected: +0.5%

⠀

Other markets joined the move.

⠀

• Nasdaq futures: +1%+

• Japan Nikkei: +1.8%

• South Korea Kospi: +0.6%

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Oil prices also moved lower.

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That matters for Bitcoin because lower energy prices can reduce inflation pressure and ease fears of additional Federal Reserve tightening.

Important:

One strong Chinese GDP report does NOT remove Bitcoin's macro risks.

U.S. inflation remains elevated.

The Fed raised rates last month.

And BTC is still trading below the $84K–$85K area that repeatedly stopped buyers earlier this month.

But today's setup is different from last week.

Stocks are recovering.

Oil is falling.

And Bitcoin is moving higher with risk appetite.

$BTC defended $80K.

Now buyers are trying to rebuild above $83K.