Update
Bitcoin Holds Crucial Support as ETF Inflows Return
Bitcoin continues to trade near a crucial technical level as traders watch for the next major move. After a strong rally from August lows, the market has shifted into consolidation. Recent ETF flows have also returned to the spotlight after several volatile sessions. With Bitcoin holding above key support and institutional demand showing signs of improvement, investors are closely monitoring whether bulls can regain control and push prices higher. Bitcoin trades around $83,049 on the daily Coinbase chart, with buyers defending the $82,000 region. The market opened near $82,911 and briefly reached $83,071, before sellers pushed the price toward $82,714. Current trading remains inside a range between roughly $80,315 and $87,397. Price also stays above a rising trendline that began after the August breakout. Analysts highlight the importance of the $83,000 level and the 200-day moving average, which continue rising. Technical indicators show a balanced picture with the Relative Strength Index near 52 and the MACD below the signal line.