#BTCRebound Meanwhile, technical analysis shows that BTC is forming a bearish diamond pattern - a bullish reversal setup. According to Cointelegraph and Glassnode, a breakout above $84K could lead to $96K, with long-term targets of up to $130,000–$140,000 by mid-summer.

Macroeconomic volatility fuels BTC optimism

With soaring bond yields, pending inflation data, and fluctuating trade policy, Bitcoin is increasingly viewed as a hedge against macroeconomic uncertainty. Whether the $84K level will become the next launchpad or a resistance zone depends on upcoming data and policy reactions, according to Cointelegraph.

Key levels to watch:

Immediate support: $80,000

Resistance: $84,000, followed by $96,000

Long-term target: $100,000+ if momentum builds