Bitcoin Holds Four-Week Breakout Above $82,280 as Binance Outflows Mount
- —Bitcoin closed above $82,280, holding its four-week range breakout
- —Binance logged over 13,800 BTC in daily net outflows as reserves fell 20,000 BTC
- —BTC trades near $83,460 after retracing from $87,000
- —The $85,000–$87,000 resistance zone stands between price and $100,000 liquidity
Why it matters: Falling Binance reserves tighten available supply and reinforce the breakout, but the $85,000–$87,000 zone must break before $100,000 comes into play.
Source: Coin Edition