Good morning, team!
Asia opened with a sharp risk-off move, led by heavy selling in AI and semiconductor stocks. Samsung and SK Hynix were hit hard, while Japan’s Nikkei also moved lower — yet BTC is still holding around the $83K area.
That matters because Bitcoin usually reacts quickly when global risk sentiment deteriorates. This time, slightly lower Treasury yields and softer oil are taking some pressure off, even though financial conditions remain restrictive.
📍 I’m watching $83K as the first line buyers need to protect. Above it, $84.5K–$85K remains the recovery zone. A clean break below would tell me BTC is finally starting to follow the broader risk-off move.
With CPI tomorrow, today is more about resilience than direction.
Bitcoin is not leading higher yet — but it is also refusing to break with tech.
Bull Run 🐂