
Bitcoin Retreats From September Highs, $82.8K in the Crosshairs
- —BTC fell from $87,374 to $83,000–83,400 with a weak bounce
- —Mid-$84,000s are the first key reclaim zone for buyers
- —Losing $82,800 would expose $82,000, then $81,000–81,500
- —Daily RSI at 62 vs 1-hour RSI at 36 shows timeframe divergence
Why it matters: Holding $82,800–83,200 keeps the bullish structure intact and opens the door back to $85,876 and $87,374; a breakdown would deepen the correction.
Source: Cryptonews.net