According to CoinMeta, the price of Bitcoin retreated to around $83,000 on September 29, facing resistance at $85,200. The latest 4-hour decline brought the price close to a support area that also includes a potential bullish clearing zone. Based on the chart from Binance BTC / USDT, Bitcoin approached $83,050 on the evening of September 29, down from its high of $87,400 on September 21. Although the price has fallen below $84,000, it is still above the 20-day simple moving average of $80,944. The current pullback comes alongside rising U.S. Treasury yields and fluctuations in oil prices. According to CoinMeta’s weekly Bitcoin clearing heat map, the $82,300-$82,600 range is an important clearing zone; if the price continues to fall below this range, it may head towards $81,000 and the liquidity near the 20-day moving average.