Bitcoin reclaimed the $82,000 level, trading at $82,800, up 1.5% on the day. This bounce follows two weeks of decline and brings price back to the lower edge of a decisive resistance band between $83,000 and $84,000. The retreat in oil prices, following President Donald Trump’s decision to waive sanctions on Russian oil, helped ease inflation pressures and improved appetite for risk assets. Analysts highlight that the crucial demand zone sits between $80,000 and $81,000, while a daily close above $84,000 would make the bullish case more credible. Conversely, a decisive loss of the $80,000 level would expose BTC to a pullback toward $75,000-$78,000.
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