
Analyst: Bitcoin needs close above $84,600 to resume bull run
- —BTC trades near $82,166 after losing over 5% in two weeks
- —Uptrend requires a sustained close above $84,600
- —The defended buy zone sits around $81,583
- —Coinbase Premium Index at -0.1412 signals US selling pressure
Why it matters: A return of US demand, led by BlackRock's IBIT, could reignite Bitcoin's rally.
Source: Finbold