Latest Update
2026-10-07 06:07 UTC

Bitcoin: US Trading Hours Flip to Net Seller

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.

Source

Analysis

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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