Bitcoin under $83K is an oil trade, not a crypto trade. Brent back above $101 on repeated Strait of Hormuz ship attacks pushed the 10-year to 5.34%, and roughly $969M in crypto positions liquidated in

What happened: Bitcoin fell as low as $82,776.30 and sits at $83,178.54, down 2.76% on the day, as oil climbed above $101 and bond yields rose. Stocks and gold also sold off. Key numbers: BTC low $82,776.30, now $83,178.54, down 2.76%. Open $85,543.66. About $969M in crypto positions liquidated in 24 hours, $644.47M long. S&P 500 down 0.59% to 7,772.60, Nasdaq off 0.71%. Why it matters: The four-hour chart shows oversold momentum while the daily trend stays bullish, so traders watch $82,776.30 support and $84,877.38 resistance. Myriad traders give 67% odds Bitcoin touches $80,000 in October.

Bitcoin fell as low as $82,776.30 and sits at $83,178.54, down 2.76% on the day, as oil climbed above $101 and bond yields rose. Stocks and gold also sold off.

The four-hour chart shows oversold momentum while the daily trend stays bullish, so traders watch $82,776.30 support and $84,877.38 resistance. Myriad traders give 67% odds Bitcoin touches $80,000 in October.