Bitcoin ETF inflows hit $1B but price stalls below $84,000

invezz.com (Swedish) —

Bitcoin fell below $82,500 on Thursday after failing to break resistance above $84,000, despite $1 billion in recent US spot ETF inflows, signaling stalled upward momentum. The price decline occurred as sellers concentrated orders near $84,000 and $87,000, while futures open interest rose to $53.66 billion. Technical indicators show buyers retain control, but momentum is fading, with key support at $79,676. Traders now watch Friday's options expiry, featuring $1.23 billion in notional open interest with a "max pain" price near $82,000. A larger October 30 expiry implies a range of $78,300 to $87,100, potentially guiding near-term price action.


With a significance score of 1.4, this news ranks in the top 39% of today's 31905 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: