Bitcoin rebounds with US stocks but stalls below $84,200 resistance

Bitcoin has climbed back above $83,000 during Tuesday’s recovery in U.S. stocks before retreating toward $82,600, as falling oil prices accompanied gains across risk assets. Bitcoin briefly topped $83,000 before pulling back toward $82,600. U.S. stocks rose as oil prices eased, with healthcare shares reaching a record high. Trader Ardi identified $84,200 as the threshold for breaking Bitcoin’s local bearish structure. Glassnode found easing selling pressure but weak spot and ETF demand ahead of Tuesday’s rebound. CoinGecko recorded Bitcoin at $82,601.56 in the latest reporting snapshot, up 0.8% over 24 hours, with a daily range of $81,155.23 to $83,249.46.

Source: crypto.news