According to CoinMeta and as reported by 99bitcoins, recent Bitcoin price analysis indicates that after reaching $81,330 on August 28, BTC has since maintained a level above the previous $64,402. In the analysis on September 2, Arnout Ter Schure viewed the subsequent pullback as a correction rather than the beginning of a trend reversal. He pointed out that $72,994 is a key support level for Bitcoin's bullish Elliott Wave pattern. If this level is continuously broken below, it could weaken the structure of the fifth wave and increase the risk that the rebound from the August lows has been completed. The current trading price of Bitcoin is $77,867.11, up 0.44% from the previous day. The analysis mentions that the current key resistance range is between $79,000 and $82,500; if this range cannot be successfully tested, it could trigger liquidations amounting to as much as $2.9 billion.