Bitcoin Stabilizes Near $84K as ETF Inflows Continue

Bitcoin's price held steady near $84,000 on September 24 after a brief pullback from its recent high of $87,392. This price level was last seen on January 29.

The latest data shows that U.S. spot Bitcoin ETFs have been experiencing five consecutive days of inflows, totaling around $2.65 billion. BlackRock's IBIT led the way with $166.29 million in net inflows, followed by Fidelity's FBTC at $143.24 million.

Rekt Capital warned that Bitcoin needs to stay above roughly $82,000 to remain set up for further gains, as the breakout from the old $60,000, $80,000 range is not fully confirmed until $80,000 is tested as support.