Bitcoin struggles at $83,000 'wall' as whales flip into net selling

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Bitcoin struggles at $83,000 'wall' as whales flip into net selling

60-second summary

Bitcoin stalls near the $83,000 resistance as all wallet cohorts move into net distribution for the first time since early June, indicating whales are flipping to selling; however, a potential golden‑cross pattern on the chart offers bullish hope, suggesting a possible upward breakout that could reignite buying pressure and stabilize the market.

All wallet cohorts have shifted into net distribution for the first time since early June, but a potential golden cross offers bulls some hope.