Bitcoin Recovers Above $80K Despite Yield Rebound

US 10Y Treasury yields have climbed back toward 4.4%, a threshold that hammered Bitcoin (BTC) in past cycles, but this round sees BTC rebounding above $80,000 regardless, per analytics firm Glassnode. This resilience hints at maturing market dynamics, where crypto absorbs rate hikes more effectively than during the volatile swings of the last 12 months, potentially setting up for stronger BTC price predictions amid ongoing crypto market fluctuations.

Zooming into the 4-hour chart, Bitcoin trades at $79,705.82 in a bearish structure, pressing against lower support near $79,886 while the EMA50 at $80,494.62 acts as immediate overhead resistance and the EMA200 at $76,884.79 provides deeper downside cushion. MACD flashes a death cross with -71.18 signaling persistent selling pressure, yet neutral RSI at 39.91 avoids oversold extremes, suggesting confluence for a potential bounce if volatility bands hold—upper resistance at $82,176.97 could cap rallies, but a break below support risks accelerating toward the 200-EMA in this macro headwind environment, much like patterns seen in recent Bitcoin and TAO token correlations.