Fastest Bitcoin Bull Flip in a Year Has One $83,000 Problem, Analyst Says

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Bitcoin has seen its quickest bullish flip in a year but faces a key resistance hurdle near $83,000. At the same time, roughly $5 billion of IBIT options expire on September 18, with reported max-pain concentration around $40k, which could amplify volatility and induce selling into the expiry. The implication is that momentum is bullish but upside may be capped and the market is vulnerable to a sharp pullback or choppy trading as options positioning is resolved.

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