Thursday is set to reach $82,000, supported by the Senate’s approval of the CLARITY Act. However, this rise was temporarily halted due to strong price resistance and a decline in demand for exchange-traded funds (ETFs). Still, analysts noted that Bitcoin’s upward momentum could increase if key conditions are met.


Bitcoin buyers should turn the $82,000–$84,000 level into a new support level.
A strong return of institutional demand through spot Bitcoin ETFs is essential to sustain the bullish trend.
Bitcoin’s price should stabilize at $82,000 as a new support level.
Data from TradingView showed that Bitcoin tested the upper resistance level at $82,000, and the price has rejected it since last week.
Note that this is where the 200-day simple moving average (EMA) and the 200-day exponential moving average (SMA) converge, reinforcing the importance of this level.
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