Bitcoin Tests 200-Day MA at $82.4K: $95K Surge or $70K Plunge Awaits Decisive Break

Bitcoin trades around $82,000, pressing the critical 200-day moving average at $82,400 as the deciding factor for its next move. The rally ignited on May 5 with an $80K reclaim fueled by $362M whale accumulation (4,527 BTC) and $1.16B ETF inflows, peaking at $82,800 by May 7 before stalling on overbought RSI (70), a 3% May 8 geopolitical dip, weak May 10 volume, and miners dumping over 3,400 BTC. Elevated leverage now clusters shorts above $82K and longs below $80K, priming explosive volatility—a sustained break above targets $95K, while rejection risks $70K.