Markets· ★★★· neutral·

Bitcoin at $81,400: weekend to determine break of $82,000 resistance

  • Bitcoin rose to $81,400, with the $82,000–$82,200 resistance zone remaining key
  • U.S. spot bitcoin ETFs attracted $433 million on September 18 after $159.5 million the day before
  • $746.3 million was withdrawn from ETFs on September 15–16
  • A break of $82,200 opens the way to $84,000–$85,000, while losing $80,000 points to $78,000
Why it matters: A break of $82,000 on a thin weekend market without ETFs could prove false, so confirmation will only come on Monday.
Source: CryptoSlate