Bitcoin rose as much as 2.4% to $85,594 before erasing the gain to trade little changed, after slower-than-anticipated inflation data drove short-dated Treasury yields lower and reinforced bets the Fed holds in October. Equities rallied on the same read. The reversal is the tell: the rate relief was priced and sold inside a session. Support sits at $82,000 to $83,000, with $85,000 the first resistance and $87,397, the September 21 high, the level that would need to go for the trend to extend.