Bitcoin Price Hovers at Resistance as Spot Demand Remains Uncertain
The Bitcoin price faces pressure as spot demand has yet to confirm a move above the $82,000 to $83,000 resistance zone.
CryptoQuant data shows ETF holdings and stablecoin inflows pointing to buying interest, but rising exchange inflows and high Binance reserves are keeping supply concerns alive.
A clean move above $83,000 could support the bullish view, while another rejection may increase the risk of a deeper pullback.