Bitcoin holds near $84,000 as XRP and Dogecoin gain

Bitcoin holds near $84,000 as traders consolidate and watch for a breakout. Ethereum holds steady. XRP gains. Dogecoin gains. Coinglass data shows 81,461 traders were liquidated for $339.15 million in the past 24 hours. SoSoValue data shows $346.98 million in net inflows into spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $104.63 million. Ondo, Quant and Litecoin were among the top gainers in the past 24 hours. Roman Trading said Bitcoin needs to turn prior resistance into support to confirm its bullish structure. Roman Trading said a weekly close above $82,500 would strengthen that case. Roman Trading said a strong bounce in the coming days could offer an earlier signal. Roman Trading said failure to hold above the breakout area could trigger a sharper reversal. Trader Jelle predicted that turning the 50-week/100-week EMA cluster into support would be a major longer-term bullish signal. Trader Jelle said that pattern has historically suggested the bear market is over. Trader Jelle said it does not necessarily mean Bitcoin will move straight higher immediately. Ardi said Bitcoin must reclaim $85,000 to resume its advance. Ardi expects continued liquidity hunting around $81,000 to $83,000. Ardi said $81,500 and the prior range breakout are key levels to hold. Ardi said a successful retest could set up another push higher. Ardi said failure could send BTC back into the $70,000s.