bitcoinsurpasses83000

#BitcoinSurpasses83000

📈 Crypto markets bounced nearly 2% on Tuesday, lifting total market capitalization to $2.8 trillion. #bitcoin is trading near $83,000, while market sentiment improves.

😐 CMC Fear & Greed Index: 51 which is Neutral, up from 49 yesterday.

$BTC levels to watch:
🚀 Resistance: $87,371 : a daily close above this level could confirm further upside.
🟢 Support: $80,433, near the 50-day EMA at $80,703.
🔻 Next support: $76,140, near the 200-day EMA.
⚠️ A break below $76K could put $72,671 in focus.

🌍 Macro risk remains: Brent crude is near $110 amid Strait of Hormuz tensions, while rising inflation concerns and Treasury yields could pressure risk assets ahead of the Fed’s October 27–28 meeting.

💬 Will #BTC break $87K, or will macro pressure send it back toward $80K?

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