Markets· ★★★· bullish·

Bitcoin briefly tops $83,000 as US stocks rally on earnings

  • —BTC gained 1.5% to its highest since Oct. 14 before retreating to $82,000
  • —Dow +1.2%, S&P 500 +0.6%, Nasdaq +0.5% on GM and 3M results
  • —Short liquidations totaled $125 million within one hour
  • —Open interest rose 2.1% to $53.86 billion, the highest since Oct. 8
Why it matters: The 21-day SMA at $83,230 remains the key resistance; a break opens further upside, while rejection returns BTC to $81,570 support.
Source: CryptoHamster