Bitcoin News Today: BTC ETFs Pull Nearly $1B as BTC Price Climbs Above $82K Zone
Still, Bitcoin faces resistance near the $82,000 to $84,000 zone. Daan Crypto Trades said the area matches key moving averages and earlier market levels.
“Acceptance higher can lead to a further bounce back into the $90Ks,” he said. However, he also noted that rejection could keep Bitcoin rangebound, with $80,000 acting as a ceiling.
Michael van de Poppe also identified the $84,000 to $86,000 area as the next resistance zone. If Bitcoin breaks above that range, some analysts see $90,000 to $92,000 as the next area to watch.
Also Read: Bitcoin Above $81,000: Will the Uptrend Continue?