Bitcoin Price Golden Cross Flashes as BTC Eyes $82K Breakout
Key Insights:
- Bitcoin (BTC) price formed a golden cross while holding near $78,600.
- BTC remained below $79,500 resistance despite stronger ETF demand.
- Exchange deposits showed limited evidence of rising large-holder selling.
Bitcoin price held near $78,600 on Sept. 9 after forming a new golden cross. The crossover improved trend structure, but BTC price remained below $79,500 resistance.
The setup mattered because the signal arrived alongside stronger exchange-traded fund demand. Restrained exchange deposits also showed limited evidence of immediate selling pressure.
Bitcoin Price Holds Below $79,500 Resistance
CoinMarketCap data showed Bitcoin trading near $78,638 on Sept. 9. The asset remained below the $79,500 level cited by trader That Martini Guy.
He said a four-hour close above that zone could reopen $82,000. Losing the current range would expose $70,500, followed by $67,200.
CoinMarketCap data showed that bitcoinโs price closed on Sept. 8 near $78,439. That left BTC below levels above $81,000 recorded earlier in September.
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