Bitcoin Eyes Breakout as Macro Trends Shift.
U.S. stocks rebounded Friday amid easing trade tensions, with the S&P 500 up 1.8% and Nasdaq gaining 2%. JPMorgan’s strong earnings boosted sentiment, though CEO Jamie Dimon warned of ongoing economic risks.Gold hit a record $3,200 as investors sought safety.
#bitcoin surged past $84,000 before settling near $83,800 (+4.5% in 24h), showing resilience despite U.S.-China tariff hikes (145% on Chinese goods, 125% retaliation). Analysts see BTC gaining as Treasury yields spike (4.59% for 10-year) and the dollar weakens (DXY below 100).
Arthur Hayes predicts "UP ONLY mode" for #BTC amid bond market chaos, with traders pricing in 3-4 Fed rate cuts this year. Analysts suggest a breakout above $84K could target $96K, then $100K+, especially if the DXY falls further.
Key Levels:
- Support: $80,000
- Resistance: $84,000 → $96,000
- Long-term target: $130K-$140K by summer
#Bitcoin remains a hedge as macro uncertainty grows.
