Key facts: Bitcoin Holds 78k–83k Range; Steadies vs. Gold
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Bitcoin traded sideways after consolidation, holding near short-term support around 78k–79k and resistance near 83k. Key lower support lies in the 71k–68k zone; daily close below 60k warns bearish.
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Bitcoin steadied vs. gold after months of decline. BTC-to-gold liquidity ratio neared -2.0 SDs. Macro indicators show improved positioning; BTC still trades below fair value vs. gold.
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source: https://www.tradingview.com/news/tradingview:ff7be2cd8eba6:0-key-facts-bitcoin-holds-78k-83k-range-steadies-vs-gold/
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