Key Takeaways Bitcoin briefly reclaimed $83,000 on Friday after plunging to a month-to-date low of $80,308 on Thursday. Over $700 million in spot bitcoin ETF outflows this week dampened expectations for a record-setting October. Bitunix analysts believe BTC must hold above $82,800 to reach $85,000 or risk dropping toward $77,000. Resistance at $83,000 Triggers Volatile Trading Bitcoin rebounded Friday to briefly reclaim $83,000, signaling a potential end to a downturn that dragged the cryptocurrency to multi-week lows. The decline, fueled by more than $700 million in spot bitcoin exchange-traded fund (ETF) outflows this week, dampened analyst expectations for a record-setting …


