Bitcoin Slides Below $83,000 as ETF Inflows Dry Up, Analysts Eye $87,000 Breakout

Add preferred source Bitcoin fell about 4% on Wednesday, slipping below $83,000 and breaking the floor of a two-week trading range. The decline came as U.S. spot Bitcoin ETF inflows, which powered September's rally with roughly $2.6 billion, have cooled sharply to under $30 million this week. Analysts including Tesseract Group's Oliver Carding said sustained daily inflows above $300 million would be needed to signal a return of institutional demand and support a break above $87,000. DWF Labs' Martin Lee emphasized that weekly and monthly flow totals matter more than daily readings. The slide triggered about $550 million in leveraged liquidations as the 10-year Treasury yield topped 5.3% and the dollar strengthened ahead of Federal Reserve minutes. Some market participants continue to target $100,000 or higher, while Giottus CEO Vikram Subburaj warned that a lasting drop below $82,000-$83,000 could put $80,000-$81,500 back in view. Key Elements Bitcoin U.S.