🚨 Bitcoin Holds Strong Near $84K Amid Market Rebound & Bond Market Turmoil 🚨
Bitcoin is currently hovering around $83,900, showing strong resilience despite macro uncertainty and bond market volatility.
Here’s what’s fueling the bullish sentiment:
📈 Wall Street snapped back after a shaky week:
S&P 500: +1.81%
Nasdaq: +2.0%
Dow Jones: +1.5%
💼 JPMorgan crushed earnings expectations, but CEO Jamie Dimon warned of “considerable turbulence” ahead.
📉 Meanwhile, the U.S. bond market is in turmoil:
10-Year Treasury yield surged to 4.59%
The dollar index (DXY) dropped below 100
Arthur Hayes says we’re entering "UP ONLY" mode!
As traditional markets wobble, Bitcoin is increasingly seen as a safe haven. Analysts now eye a breakout to $100K–$140K by midsummer.
Key Levels to Watch:
Support: $80K
Resistance: $84K → $96K
Long-term target: $100K+
Is Bitcoin about to blast off again?
Drop your thoughts below & stay tuned!
