$BTC Bitcoin is range-bound around $84K, with the trend intact but momentum fading.
Bitcoin trades near $84,213, up about 0.9% over 24 hours, with soft data meeting elevated Treasury yields. Resistance sits at $84,800–$85,800, and Friday's jobs data could set the next move. (analyticsinsight) (analyticsinsight)
Technicals: The daily chart keeps a bullish EMA stack, with price above the 20, 50 and 200-day averages and RSI near 60. Support is around $82,580–$82,950. A daily close above $85,520 would reopen a test of the September highs near $87,250–$87,330, while a close below $82,580 would shift focus to the 20-day average near $81,300. (cryptonomist) (thecryptobasic)
Flows and sentiment: US spot Bitcoin ETFs recorded $125.6 million in net outflows in the latest session, which ends the inflow streak noted earlier in the week. CryptoQuant's demand-growth metric has also leaned negative, so demand hasn't confirmed another leg higher. (analyticsinsight) (cryptopotato)
Bottom line: Neutral to mildly bullish. $82.6K and $85.5K are the levels to watch, and the jobs report is the near-term catalyst. This is general information, not financial advice.#EtherGains70.9%InQ3 #US10YearYieldNears5.3% #DollarIndexHitsHighestSinceMay2025
Bitcoin trades near $84,213, up about 0.9% over 24 hours, with soft data meeting elevated Treasury yields. Resistance sits at $84,800–$85,800, and Friday's jobs data could set the next move. (analyticsinsight) (analyticsinsight)
Technicals: The daily chart keeps a bullish EMA stack, with price above the 20, 50 and 200-day averages and RSI near 60. Support is around $82,580–$82,950. A daily close above $85,520 would reopen a test of the September highs near $87,250–$87,330, while a close below $82,580 would shift focus to the 20-day average near $81,300. (cryptonomist) (thecryptobasic)
Flows and sentiment: US spot Bitcoin ETFs recorded $125.6 million in net outflows in the latest session, which ends the inflow streak noted earlier in the week. CryptoQuant's demand-growth metric has also leaned negative, so demand hasn't confirmed another leg higher. (analyticsinsight) (cryptopotato)
Bottom line: Neutral to mildly bullish. $82.6K and $85.5K are the levels to watch, and the jobs report is the near-term catalyst. This is general information, not financial advice.#EtherGains70.9%InQ3 #US10YearYieldNears5.3% #DollarIndexHitsHighestSinceMay2025
