Bitcoin

Key insight

83,960 holds above the 80,000 round-number floor but trails the 50-day MA at ~85,500; a clean break either side defines the next 10%-plus move. Gold at 4,290 signals risk-off demand globally, limiting BTC upside near-term.

83,960 sits between the 50-day MA at ~85,500 and key support at 80,000 — neither buyers nor sellers have committed, leaving BTC in a compression zone ahead of macro catalysts.

Main risk

Spot ETF outflow acceleration

Sustained ETF net outflows would snap the 80,000 support floor, opening a fast move toward the 200-day MA near 72,000.