Bitcoin Faces Key Resistance Zone Amid Strong ETF Inflows
Bitcoin's rally has hit a major resistance zone between $84,000 and $86,500, with over 650,000 BTC concentrated in this area. This concentration creates a substantial cost-basis area between the July low and the cycle high.
The strength of spot-market demand is now under scrutiny as Bitcoin futures leverage declines. Inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) reached $2.38 billion, the largest weekly total since October 2025.
A sustained close below $81,300 combined with renewed ETF outflows could expose support near $77,000. On the other hand, a move above the $84,000-$86,500 zone would bring the yearly open near $87,722 and a larger resistance area near $96,700 into view.