Markets· ★★★★· bearish·

Bitcoin slips below $84K as next support at $82,538 comes into focus

  • —Bitcoin trades near $84,151 after losing the $85,000 support level
  • —US spot Bitcoin ETFs saw $89.9M outflows Monday and $3M Tuesday
  • —Strategy bought another 334 BTC, holdings now at 848,000 BTC
  • —US 10-year Treasury yield rose to about 5.35%, dollar index hit 102.53
Why it matters: A break below $82,538 would open the door to the 50-day EMA at $79,430, while holding it keeps a retest of $87,000 in play.
#BTC
Source: Invezz
More on this
Markets · Sep 25
Bitcoin Slips Below $84K as 50-Week SMA Near $79K Comes Into Focus
 Macro · Sep 29
QCP: Bitcoin squeezed by geopolitics and macro data as key supports come into focus
 Markets · Sep 21
Bitcoin rebounds to $84K as US jobs data and tokenized stocks take focus