Bitcoin Breaks Above $81K But $83K Remains Key Resistance Level

The Bitcoin price prediction is now centered on whether buyers can reclaim $83,000 after a 24% weekly advance. The token briefly traded above $81,000 before sellers pushed the BTC price back below $80,000.

CoinGecko data showed that Bitcoin's seven-day advance was above 22%, with open interest remaining large relative to daily spot turnover. This structure left the market sensitive to liquidation cascades if price rejected the upper range.

The rally mattered because leverage and sentiment rose alongside spot demand, increasing upside potential but also raising liquidation risk during short pullbacks. Bitcoin exchange-traded fund inflows strengthened last week, while futures open interest stayed elevated.