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

Macroeconomic volatility drives BTC optimism

With soaring bond yields, pending inflation data, and fluctuating trade policies, Bitcoin is increasingly seen as a hedge against macroeconomic uncertainty. Whether the $84K level becomes the next launch pad or a resistance area depends on upcoming data and policy responses, 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 persists