Analyst: Bitcoin Must Close September Above $82,500
- —$82,500 called the critical level for September's monthly close
- —A close below $82,500 raises the risk of a pullback or sideways range
- —An October retest of $82,500 is needed to confirm the uptrend
- —Losing $80,000 would send BTC back into the $60,000–80,000 range
Why it matters: A monthly close above $82,500 keeps the uptrend intact; a close below raises the risk of consolidation and a drop toward $80,000.
Source: Cryptonews.net