Bitcoin Reclaims $84,000 as 13 Moving Averages Flash Bullish
- —BTC trades between $83,960 and $84,341 after bouncing from $82,555
- —13 moving averages are bullish; only the 10-period SMA is bearish
- —Immediate resistance at $85,131, followed by September's $87,374 high
- —A four-hour close below $82,555 would invalidate the rebound
Why it matters: Holding $82,555 keeps the uptrend structure intact, while a break above $85,131 would put September's $87,374 high back in focus.
Source: Bitcoin.com