$BTC bounced at $84K and pushed back toward $90K. The sell-off stalled—no cascade, no panic. That alone matters.
The move higher wasn’t spot-driven. It came from short liquidations. Derivatives-led upside tends to grind, not spike, as long as shorts stay under pressure.
Zoomed out, nothing has changed. $BTC is still rangebound: ~$82K lows, mid-$90Ks highs. Compression continues.
Key level is $84K–$85K. Above it, upside remains in play toward the yearly open and $98K–$100K. Below it, market structure flips fast.$BTC
