Bitcoin

Key insight

83,000 is the line in the sand: a daily close below flips bias to retest of $74,500 2026 swing low; above $87,500 50-day MA, path opens to $92,000 prior supply zone.

83,000 holding as near-term floor, but BTC rejected at 50-day MA (~87,500) last week — consolidating in a $78K–$88K range with no clear breakout catalyst.

Main risk

US Equity Selloff Contagion

S&P 500 down 0.2% today with Nasdaq -0.4%; BTC correlation to risk assets means a deeper equity leg lower drags BTC toward $78,500 support.