Bitcoin at $82,300 Shows Hidden Bullish Divergence Despite 96% Drop in Holder Buying
- —Hidden bullish divergence: price made a higher low while RSI fell from 65 to 47
- —Long-term holder buying dropped 96% to 1,051 BTC, the weakest in three months
- —Spot ETFs saw $731 million in outflows on October 7–8 after $3.04 billion of August inflows
- —Key levels: a close above $83,325 is the first step, $88,086 could revive demand, a break below $80,383 exposes $75,041
Why it matters: Without renewed ETF and holder buying, the rally may stall; a daily close above $88,086 could bring both groups back.
Source: BeInCrypto IT