Bitcoin is holding at $82,000, having rebounded from $80,000 as traders weigh a new macro signal. According to Fidelity, Bitcoin’s correlation with 10-year Treasury real rates has reached a new record, with the coefficient above 0.6. This relationship has flipped, as rising real yields have typically pressured risk assets. US debt now exceeds $40 trillion, and liquidations approached $944 million in 24 hours, with long positions accounting for most forced exits. Support sits around $80,000, with resistance at $82,500, while $1.46 billion in Bitcoin options expire on October 16.
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