Bitcoin is trading around $85,800 today, up 1.5%. After dipping to $74K earlier this month due to global trade tensions, BTC has bounced back strongly. Technical indicators are leaning bullish with strong support at $83K and resistance near $87K. RSI is neutral at 59, while MACD shows a bullish crossover. On-chain data suggests major holders are accumulating, with fewer coins on exchanges — a sign of long-term confidence.
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