Analysts: Bitcoin needs to hold above $81,700 to confirm bull market
- —BTC around $77,327: +0.1% on the day, −3% on the week
- —Resistance zone $77,100–$80,200: long-term holders sold 539,000 BTC there
- —Spot BTC ETF outflows totaled $463 million from September 7 to 11
- —Support at $70,000 (200-day MA), then $62,000–$65,000
Why it matters: A close above $81,700 could confirm a new bull trend, while ETF outflows and FOMC expectations weigh on the market.
Source: CoinCentral