Bitcoin gives back its run at $85,000 as Tesla and Meta fail to calm AI nerves

Bitcoin attempted a breakout above its $84,000 resistance barrier before succumbing to selling pressure and retreating toward the $82,500 support zone. The reversal coincided with a broader risk-off mood across global equity markets, particularly affecting major technology names like Tesla and Meta. Investors are increasingly questioning high valuations in the artificial intelligence sector, prompting a wider pullback in speculative assets. Cryptocurrency traders are closely watching whether the $82,500 support level will hold against sustained selling momentum. Macroeconomic crosscurrents and equity market correlations continue to play a dominant role in near-term crypto price action. Market analysts remain cautious as digital assets navigate a period of heightened volatility.