Bitcoin rebounds 2.64% to $83,074 after sliding toward $80,000
- —BTC gained 2.64% to trade at $83,074 after hitting a low of $80,427
- —Bitcoin's market cap stands at $1.67 trillion with $39.7 billion in 24-hour volume
- —Price is 32% below the October 2025 high of about $121,700
- —Short-term trend has been down since Oct. 5, while the medium-term trend is up since August
Why it matters: The bounce held the lower bound of the $80,000–86,600 range, but a break above $86,600 or below $80,000 will set the next direction.
Source: Siam Blockchain