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-BLX
BITCOIN IS BID — NOT BROKEN OUT
$BTC is holding near $86K after rejecting $87K again. The move is supported by softer jobs data and short liquidations, but elevated Treasury yields remain a headwind.
Regulatory progress and institutional adoption are improving, while ETF expansion remains constrained.
The key zone is $87K–$87.6K. Until BTC reclaims it decisively, this remains range repair, not a confirmed breakout.
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