Bitcoin faces $82,000 resistance test over the weekend
Bitcoin reached an intraday high of $81,400 on Friday, approaching the $82,000 resistance level that has capped recovery attempts since late August. The asset must now navigate the weekend without the support of US spot Bitcoin ETF trading. Despite recent setbacks, including the failure of the CLARITY Act (US digital-asset market-structure bill) and a Federal Reserve rate hike, Bitcoin has shown resilience. US spot Bitcoin ETFs recorded $433 million in inflows on Sept. 18. A successful breakout above $82,000 could target $84,000 to $85,000, while a failure may push the price back toward $80,000 or $78,000.
Summaries are written by AI from the original article. Not investment advice.