Why did Bitcoin’s latest rally stop near $84,000?

Bitcoin price has rebounded toward $84,000 on October 13 despite a steep selloff in South Korean equities, but weak ETF demand and heavy selling orders near resistance have prevented buyers from pushing higher. Bitcoin recovered toward $84,000 despite heavy losses in South Korean technology stocks, with the KOSPI falling approximately 7.4% over the past week. US spot Bitcoin ETFs recorded roughly $451 million in net outflows during October, including $69 million on Monday, as institutional demand remained weak. CoinGlass data showed a concentration of sell orders near $84,000, where Bitcoin has repeatedly struggled to sustain gains.