🚨 CRYPTO’S OCTOBER CONTRADICTION 🚨
October is starting with a mixed signal for crypto. 📊
🟢 Core PCE inflation came in softer at 3.0% YoY, which can support risk assets.
🔴 But the U.S. 30-year Treasury yield moved above 5.6%, keeping pressure on financial conditions.
₿ Bitcoin is now at an interesting zone, with $81K–$83K being watched as key support.
ETF inflows are still positive, but the pace has been fading.
So the real question is:
Is October setting up for a breakout — or more consolidation?
I’m watching liquidity, ETF flows and the $81K–$83K BTC zone closely. 👀
#Bitcoin #BTC #Crypto #CryptoMarket #MarketUpdate #BinanceSquare
October is starting with a mixed signal for crypto. 📊
🟢 Core PCE inflation came in softer at 3.0% YoY, which can support risk assets.
🔴 But the U.S. 30-year Treasury yield moved above 5.6%, keeping pressure on financial conditions.
₿ Bitcoin is now at an interesting zone, with $81K–$83K being watched as key support.
ETF inflows are still positive, but the pace has been fading.
So the real question is:
Is October setting up for a breakout — or more consolidation?
I’m watching liquidity, ETF flows and the $81K–$83K BTC zone closely. 👀
#Bitcoin #BTC #Crypto #CryptoMarket #MarketUpdate #BinanceSquare