Bitcoin Rejected at $83K as US Bond Yields Reverse Higher

The notable signal here is the decoupling: BTC couldn't convert an equity tailwind into gains, which points to crypto-specific supply overhead rather than broad macro risk appetite driving price. The $83,000 sell wall and the yield reversal are doing the work, framing bitcoin as the weaker side of the risk-asset trade in this window. That matters most for short-term traders positioned for beta to stocks, and for anyone reading equity strength as a crypto signal. The open question is whether the yield move keeps capping upside while equities climb, or whether the sell wall gets absorbed.