Bitcoin: US Trading Hours Flip to Net Seller
Bitcoin US session turns net seller after July-September gains, current price $83041.68 with EMA50 at $84489.39 and MACD death cross on 4h chart.
SourceAnalysis
Glassnode data shows the US bid that powered BTC from July through the September breakout has reversed, with US trading hours now acting as a net seller amid ETF flows and liquidations. BTC trades at $83041.68 inside Bollinger Bands bounded by $87229.35 resistance and $82234.72 support, while EMA50 at $84489.39 caps upside and EMA200 at $82173.34 offers deeper floor; the MACD death cross at -579.33 reinforces bearish momentum even as RSI(14) at 32.67 sits neutral, suggesting price may retest the 50-EMA before any continuation. On-chain metrics tie the shift directly to reduced US-driven accumulation and rising distribution pressure.
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