#CFTCSubmitsTwoEventContractRulesToWhiteHouse #MicronBeatsEarningsLiftsGuidance đ¨ BTC UPDATE - OCT 1: CITI JUST RAISED TARGET TO $113K! đ
Bitcoin right now: $83,776 (+0.3%)
After popping to $85,598 yesterday on cool inflation data!
WHAT HAPPENED TODAY:
â BULLISH NEWS:
⢠Citi raises 12-month target from $82K -> $113K (+38%)
⢠Says ETF inflows are back - expects $5B next year
⢠Q3 closed +40% - best quarter of 2026
⢠Inflation cooled: PCE 3.4% vs 3.7% expected = less chance of Fed hike
â BEARISH PRESSURE:
⢠10Y Treasury yield at 5.30% - highest since 2002!
⢠BTC rejected $87,291 Sep high, now holding $83-84K
⢠ETF inflows stopped: $31M only last session vs $999M on Sep 21
⢠$79.5K is next support if $82K breaks
MY OCT 1 TAKE:
BTC is stuck between GOOD inflation news vs BAD bond yields.
Volatility will be CRAZY until Jobs Report tomorrow (Oct 2).
Iâm holding. Target $90K if $85.5K breaks.
Whatâs your move? Long or Short before jobs data?
đ VOTE:
đ˘ LONG - $90K incoming
đ´ SHORT - $79K retest
#BTC #Bitcoin #CryptoNews #BinanceSquare #BTCUSDT #Uptober
Bitcoin right now: $83,776 (+0.3%)
After popping to $85,598 yesterday on cool inflation data!
WHAT HAPPENED TODAY:
â BULLISH NEWS:
⢠Citi raises 12-month target from $82K -> $113K (+38%)
⢠Says ETF inflows are back - expects $5B next year
⢠Q3 closed +40% - best quarter of 2026
⢠Inflation cooled: PCE 3.4% vs 3.7% expected = less chance of Fed hike
â BEARISH PRESSURE:
⢠10Y Treasury yield at 5.30% - highest since 2002!
⢠BTC rejected $87,291 Sep high, now holding $83-84K
⢠ETF inflows stopped: $31M only last session vs $999M on Sep 21
⢠$79.5K is next support if $82K breaks
MY OCT 1 TAKE:
BTC is stuck between GOOD inflation news vs BAD bond yields.
Volatility will be CRAZY until Jobs Report tomorrow (Oct 2).
Iâm holding. Target $90K if $85.5K breaks.
Whatâs your move? Long or Short before jobs data?
đ VOTE:
đ˘ LONG - $90K incoming
đ´ SHORT - $79K retest
#BTC #Bitcoin #CryptoNews #BinanceSquare #BTCUSDT #Uptober