$BTC just got the news bulls were waiting for.
So why did the rally fail?
U.S. inflation came in softer than expected, briefly pushing Bitcoin above $85K.
But the move faded.
🕯️ The problem may not be inflation. It may be liquidity.
The 10-year U.S. Treasury yield remains around 5.3%, keeping financial conditions tight and making risk assets compete with attractive bond yields. At the same time, institutional demand has improved. September saw strong Bitcoin ETF inflows, and Citi recently raised its 12-month #BTC☀ target to $113K. But there are warning signs.
CryptoQuant reports rising profit-taking and cooling spot demand. Bitcoin has also struggled to hold the 85K–87K area.
So the market is sending mixed signals:
Long-term demand is returning.
Short-term momentum is still uncertain.
The levels I'm watching
🟢 85K–87K: breakout zone
🟡 82K–85K: range
🔴 Below $82K: structure weakens
The real question isn't “Will Bitcoin go up?”
It's: Where is the next wave of demand coming from? #BinanceSquare
So why did the rally fail?
U.S. inflation came in softer than expected, briefly pushing Bitcoin above $85K.
But the move faded.
🕯️ The problem may not be inflation. It may be liquidity.
The 10-year U.S. Treasury yield remains around 5.3%, keeping financial conditions tight and making risk assets compete with attractive bond yields. At the same time, institutional demand has improved. September saw strong Bitcoin ETF inflows, and Citi recently raised its 12-month #BTC☀ target to $113K. But there are warning signs.
CryptoQuant reports rising profit-taking and cooling spot demand. Bitcoin has also struggled to hold the 85K–87K area.
So the market is sending mixed signals:
Long-term demand is returning.
Short-term momentum is still uncertain.
The levels I'm watching
🟢 85K–87K: breakout zone
🟡 82K–85K: range
🔴 Below $82K: structure weakens
The real question isn't “Will Bitcoin go up?”
It's: Where is the next wave of demand coming from? #BinanceSquare