Bitcoin price stalls near $82K as key resistance holds

Bitcoin (BTC) retreated toward $81,150 after briefly topping $82,000 on September 4, failing to hold the psychological barrier. The pullback left the cryptocurrency about 1% below its intraday high but still well above the $80,000 level reclaimed in the prior session.

Technical landscape

On the daily chart, Bitcoin trades above its major moving averages: the 20‑day simple moving average near $75,700, the 50‑day around $68,845, the 100‑day near $66,405, and the 200‑day close to $69,665. The 50‑week moving average sits at roughly $81,041, almost level with the current price. The Aroon Up indicator reads 92.86% while Aroon Down is at zero, suggesting recent highs dominate recent lows.

On the 4‑hour chart, price hovers near the upper Bollinger Band at $82,034, with the middle band at $78,678 and the lower band at $75,321. The 4‑hour RSI is 67.3, just below the overbought threshold of 70, indicating continued positive momentum but also potential profit‑taking pressure.

Liquidity and liquidation clusters

CoinGlass data shows dense liquidation clusters above $82,000 and a second band between $79,800 and $80,300. A move back through the $81,700‑$82,300 range could trigger additional short liquidations, while pressure below $80,000 may target the $78,900‑$79,800 zone.

Market drivers

Two factors supported the recent rally:

• Fed expectations: Comments from Fed Governor Christopher Waller lowered the probability of a September rate hike from about 63% to near 50%, easing risk‑off sentiment.
• Spot Bitcoin ETF inflows: US‑listed spot Bitcoin ETFs recorded $730.8 million in net inflows on September 3, according to Galaxy Research.

Additional macro cues included softer US Treasury yields, a weaker dollar, and weaker private employment data from ADP.

Outlook

Analysts note that a close above the 50‑week moving average near $81,000 and a break of the local high around $82,800 would open the path to $84,000 and higher resistance zones near $95,000‑$96,000. Conversely, a drop below $80,000 could refocus attention on the $78,700 Bollinger midpoint and the weekly EMA region near $78,000, with further downside toward the 20‑day average around $75,700.