#BTCRebound Bitcoin Hovers Near $84K as Markets Rebound

Bitcoin briefly touched $84,000, gaining over 4.5% in 24 hours, as easing U.S.-China trade tensions and bond market instability fueled bullish sentiment.

U.S. stocks rebounded sharply:

S&P 500: +1.81%

Nasdaq: +2%

Dow Jones: +1.5%

Gold hit a record $3,200 as a safe-haven asset. JPMorgan’s strong earnings supported the rally, though CEO Jamie Dimon warned of macro risks.

Former BitMEX CEO Arthur Hayes said Bitcoin is entering “UP ONLY” mode due to dysfunction in the $29T U.S. Treasury market. With rate cuts expected, analysts now eye BTC targets of $96K–$140K.

Key Levels:

Support: $80K | Resistance: $84K–$96K | Target: $100K+