Bitcoin Price Forecast: BTC reclaims $84,000 amid easing selling pressure
- Bitcoin reclaims $84,000 on Tuesday after modest losses the previous day.
- US-listed spot ETFs recorded mild inflows of $31.07 million on Monday, while Strategy added 1,665 BTC to its reserve.
- BTC profit-taking remains elevated, but Monday’s smaller NPL spike suggests easing selling pressure.
Bitcoin (BTC) reclaims $84,000 at the time of writing on Tuesday following mild losses the previous day. Continued institutional and corporate demand, along with smaller profit-taking activity on Monday, could ease selling pressure and support Crypto King’s recovery.
Institutional and corporate demand remain robust
Bitcoin’s institutional and corporate demand continues to support its price. SoSoValue data show that BTC spot Exchange Traded Funds (ETFs) recorded mild inflows of $31.07 million on Monday, following the highest weekly inflow since October 2025 last week. Moreover, Monday’s inflow marked the eighth consecutive day of positive flow since mid-September, highlighting investors’ interest. If these inflow trend continues and intensifies throughout the week, BTC could extend the ongoing rally.
On the corporate side, Michael Saylor announced Monday that his firm, Strategy, acquired another 1,665 BTC after buying 950 BTC the previous week. The company currently holds 847,666 BTC and its total reserves are $6.02 billion in USD Assets.
The move suggests Saylor’s company is returning to its familiar approach of aggressively accumulating BTC, supporting a bullish outlook for BTC, after spending much of the summer strengthening its liquidity position.
Profit-taking activity weighs on BTC
As explained in a previous report, BTC profit-taking activity reached its highest level since December 12, 2025, last week, increasing selling pressure and slowing the Crypto King’s upside momentum.
As shown in the chart below, Santiment’s Network Realized Profit/Loss (NPL) metric spiked on Monday, following two spikes last week. The rise indicates that holders are, on average, selling their bags at a significant profit, thereby increasing the selling pressure.
However, Monday’s spike was less intense than those seen last week, suggesting easing profit-taking activity. If this profit-booking activity slows through the week, selling pressure could decline further, which could help BTC regain upside momentum.
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Bitcoin technical outlook: BTC reclaims $84,000
Bitcoin price trades at $84,088 at the time of writing on Tuesday after mild losses the previous day. Despite the recent pullback, the near-term bias remains bullish as BTC stays well above the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs), clustered between $74,100 and $77,500.
On the daily chart, the Relative Strength Index (RSI) at 62 stays in bullish territory without being overbought, while the Moving Average Convergence Divergence (MACD) histogram has flattened, hinting at a pause in upside momentum rather than a clear reversal.
On the topside, immediate resistance is seen at the horizontal barrier near $85,000, where a daily close above would open room for a fresh leg higher.
On the downside, initial support comes from the 50-day EMA around $77,586, with the 100-day and 200-day EMAs forming a broader demand zone at $74,130 and $74,350, respectively, ahead of deeper horizontal support levels at $66,500 and $62,300 that mark more distant structural floors.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin, altcoins, stablecoins FAQs
Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.
Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.
Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.
Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.
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