Bitcoin price stalls near $82K as key resistance holds

Bitcoin price pulled back after briefly breaking above $82,000 on Sept. 4, as traders took profits following a short squeeze driven by softer Federal Reserve expectations and renewed demand for US spot Bitcoin ETFs. Summary Bitcoin price retreated toward $81,150 after reaching an intraday high above $82,000. The 4-hour RSI reached 67.3, while the upper Bollinger Band stood near $82,034. US spot Bitcoin ETFs reportedly attracted $730.8 million in net inflows on Sept. 3. Liquidation clusters sit near $82,000 above price and between $79,800 and $80,300 below it. Bitcoin price pulls back after testing $82,000 According to data from crypto.news, Bitcoin (BTC) price traded near $81,150 at the time of writing, having failed to hold an intraday move above the $82,000 psychological level. The pullback left the asset about 1% below its local high but still well above the $80,000 mark reclaimed during the previous session. The rally accelerated after Bitcoin moved out of a range around $77,000–$79,000. Short sellers were forced to close leveraged positions as the price crossed $80,000, adding automatic buy orders to the market. CoinGlass data cited by market reports showed that the broader cr...