Crypto markets rebounded by nearly 2%, reaching a total market value of $2.8 trillion, while Bitcoin traded just below $83,000. Bitcoin was above its 50-day and 200-day moving averages, but its momentum reading was near neutral.
The analysis says Bitcoin would need a daily close above $87,371 to confirm a renewed rise. A daily close below $80,433 would instead put the next support level, near $76,140, in focus. These are chart scenarios, not confirmed price moves.
