Bitcoin Price Holds Above $83K as Oil Surge Limits Gains

The price of bitcoin experienced a turbulent 24 hours, fluctuating between $82,807 and $84,545 before settling near $83,150. Analysts noted that while tighter financial conditions and energy costs are temporarily capping non-yielding assets, bitcoin’s underlying technicals still suggest short-term consolidation within an uptrend rather than a structural reversal.   Intraday Charting Points to Sharp Reversals […]