Bitcoin traded at $83,897 on Sept. 29, up 0.83% on the day after earlier falling below $83,000 during a volatile session that triggered about $500 million in cryptocurrency liquidations. The price moved between $82,563 and $84,381 over 24 hours, with Binance spot volume reaching $1.54 billion. Bitcoin remained above its 20-day, 50-day and 200-day moving averages but traded below its seven-day average of $84,174. Binance recorded a net outflow of more than 13,800 BTC, worth about $1.15 billion, on Sept. 22, its largest single-day withdrawal since 2023, according to CryptoQuant data. The exchange's Bitcoin reserves fell from about 705,000 BTC to 685,000 BTC over four days, although separate late-September data placed reserves near 678,000 BTC on Sept. 28. Large withdrawals can reflect self-custody, long-term storage, institutional custody or internal wallet activity. Futures positioning showed top Binance traders were 59.8% long, while open interest rose 2.63%, adding about $204 million in positions. Immediate resistance stood at $84,665 and support at $82,847. Traders were also monitoring whether Bitcoin could hold the $83,000 area after the recovery.