#BTCRebound Bitcoin (BTC) has shown a modest upward trend, gaining approximately 3.7% in value, outperforming the global cryptocurrency market's 2.9% rise. The price fluctuated between $83,000 and $88,740, consolidating above $84,000, a key short-term support level. Technical indicators present a mixed outlook: the Relative Strength Index (RSI) at 53.94 suggests neutral momentum, neither overbought nor oversold. The 50-day moving average is trending bullish, while the 200-day moving average indicates long-term strength. Support levels are identified at $83,353 and $81,374, with resistance at $85,636 and $86,777. Despite macroeconomic uncertainties, including U.S. trade policy concerns, BTC has remained resilient, supported by steady ETF inflows and institutional interest, such as MicroStrategy’s $2.1 billion purchase. However, on-chain data and volume divergence hint at potential fragility, suggesting caution for traders.