BTC is pulling back — but I’m not convinced the bigger picture has changed yet.

Bitcoin pushed above $86K last week, but the move has cooled and BTC is now trading around the $84K area.

What I find interesting is that demand hasn’t completely disappeared. U.S. spot BTC ETFs recorded a $999M inflow on September 21, according to Binance Research.

So for me, the key question isn’t simply “bullish or bearish?”

It’s whether buyers can absorb the pressure from higher yields and keep supporting the recovery.

I’ll be watching the next few sessions closely.

Do you think BTC is just cooling off, or is the market losing momentum?

$BTC

— Rahim Network

Not financial advice. DYOR.

$BTC