Analysts: Bitcoin needs a weekly close above $82,850 to confirm a trend reversal
- —Key level is a weekly close above $82,850, May's high
- —US spot Bitcoin ETFs drew $2.25 billion from September 21 to 24
- —Long-term holders' realized profit is 72% versus 350% in December 2024
- —A short-term pullback to $80,000–82,000 remains possible
Why it matters: A weekly close above $82,850 would confirm a trend shift; otherwise the rally stays a short-term bounce.
Source: TokenPost