Markets· ★★· neutral·

Analyst: Bitcoin needs close above $84,600 to resume bull run

  • —BTC trades near $82,166 after losing over 5% in two weeks
  • —Uptrend requires a sustained close above $84,600
  • —The defended buy zone sits around $81,583
  • —Coinbase Premium Index at -0.1412 signals US selling pressure
Why it matters: A return of US demand, led by BlackRock's IBIT, could reignite Bitcoin's rally.
Source: Finbold