Analysts Watch $82,000 Support and $84,200 Resistance for Bitcoin
- —BTC trades near $82,601, up 0.8% in 24 hours, daily range $81,155–$83,249
- —A break above $84,200 is needed to break the bearish structure, about 1.94% away
- —BTC ETF outflows narrowed to roughly $230 million in the week to Oct. 18
- —Key support sits at $82,000, with $80,000 as the next downside target
Why it matters: Holding $82,000 will decide whether BTC keeps consolidating or slides toward $80,000 on weak ETF demand.
Source: Blockonomi