bitcoinresistancelevels

₿ Bitcoin Tests $83K Support as Short-Term Trend Weakens

📉 BTC Pullback
🔸 Bitcoin traded near $83,960, retreating from the recent $87K high.
🔸 BTC remains above its major daily moving averages, while RSI cooled to 62.83.

💰 ETF Demand
🔸 U.S. spot Bitcoin ETFs recorded around $2.39B in net inflows from Sep. 21–25.
🔸 However, daily inflows slowed toward the end of the week.

⚠️ Key Technical Levels
🔸 The 4-hour Supertrend is bearish near $85,087, creating immediate resistance.
🔸 $83,250 is nearby support, followed by the key $81,500–$83,000 zone.
🔸 A break below $82K could expose BTC to deeper downside toward the $80,730 20-day average.
🔸 A move above $85K could reopen the path toward $87K.

📊 Outlook
🔸 The daily trend remains relatively supported, but short-term momentum has weakened.
🔸 $82K–$85K is the key range to watch for Bitcoin’s next major move.

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$BTC