$BTC is trading around the $83K–$84K area after recently reaching above $86K. Binance Research reports that $BTC has reclaimed its 50-week moving average, while ETF demand has improved; however, higher U.S. Treasury yields are creating short-term pressure.
Resistance: $86K–$88K Support: $82.8K, then ~$79K Momentum: Recovery structure, but short-term pullback risk remains Bullish signal: Holding above $82.8K could keep the recovery structure intact. Risk: A break below $82.8K could weaken the current setup.
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