Markets· ★★★· bearish·

Bitcoin tests $83K support as 4-hour Supertrend turns bearish

  • —Bitcoin near $83,960, above its 20-day average of $80,730
  • —U.S. spot Bitcoin ETFs drew $2.39 billion for the week
  • —Daily ETF inflows fell from $999 million to $134.5 million
  • —4-hour Supertrend bearish near $85,087, ADX at 14.74
Why it matters: Holding the $81,500–$83,000 zone with continued ETF inflows would support consolidation; a break below $82,000 raises deeper correction risk.
Source: crypto.news