#BTCRebound Bitcoin Nears $84K as Markets Rebound & Bond Chaos Sparks Bullish Bets
Bitcoin hovers around $83,796, up 4.5% in 24 hours, briefly touching $84K.
U.S. stocks rebound on April 11:
S&P 500 up 1.81%
Nasdaq gains 2%
Dow rises 1.5%
Rally driven by JPMorgan's strong earnings, despite CEO Dimon warning of macroeconomic turbulence.
Gold hits record $3,200, signaling rising demand for safe-haven assets.
Trade war update: U.S. pauses global tariffs for 90 days but hikes Chinese tariffs to 145%; China retaliates with 125% on U.S. goods.
Arthur Hayes predicts BTC is in "UP ONLY" mode, citing dysfunction in the $29T U.S. Treasury market:
10-year yields spike to 4.59%
Bond market sees worst week since 2019
DXY drops below 100
Analysts forecast Bitcoin surge to:
$96K on breakout
$100K–$140K if bullish trend holds through summer
Key Levels:
Support: $80K
Resistance: $84K, then $96K
Bottom Line: Macro chaos, dovish Fed bets, and dollar weakness are aligning for a potential BTC breakout.