Bitcoin hovers just below $83,000 as traders watch key resistance at $87,371

Bitcoin trades slightly below $83,000, holding above both the 50-day and 200-day exponential moving averages. The 50-day EMA sits at $80,703 and the 200-day EMA at $76,123, maintaining a bullish trend structure. The nearest resistance is $87,371; a daily close above this level would confirm a new upward leg. Support is found at $80,433 (near the 50-day EMA) and $76,140 (near the 200-day EMA). The Relative Strength Index reads 53.34, indicating neutral momentum.