🌙 GOOD NIGHT, CRYPTO COMMUNITY 🚀
#Bitcoin is entering October with an interesting battle:
📈 Macro tailwind
The latest U.S. jobs report came in much weaker than expected, which reduced expectations for another Fed rate hike and helped BTC push toward the $87K area.
💰 ETF demand is still alive
U.S. spot Bitcoin ETFs recorded:
• Oct 1: +$102.7M
• Oct 2: +$31.7M
That’s around $134.4M of net inflows in the first two October sessions.
⚔️ But here is the key battle:
BTC touched the $87K zone and was rejected, while price is now holding around the mid-$85K area.
So the market is giving us a simple question:
Can ETF demand + softer Fed expectations push BTC through $87K, or will sellers defend this resistance again?
📊 CRYPTO COMMUNITY POLL:
A️⃣ BTC breaks $87K soon 🚀
B️⃣ BTC needs another pullback first 🔄
C️⃣ BTC stays range-bound 📊
D️⃣ Too early to tell 👀
What’s your view?
#Bitcoin
#BTC
#Crypto
#BitcoinETF
#CryptoMarket
#Fed
#Trading
#BinanceSquare
#CryptoCommunity
#Bitcoin is entering October with an interesting battle:
📈 Macro tailwind
The latest U.S. jobs report came in much weaker than expected, which reduced expectations for another Fed rate hike and helped BTC push toward the $87K area.
💰 ETF demand is still alive
U.S. spot Bitcoin ETFs recorded:
• Oct 1: +$102.7M
• Oct 2: +$31.7M
That’s around $134.4M of net inflows in the first two October sessions.
⚔️ But here is the key battle:
BTC touched the $87K zone and was rejected, while price is now holding around the mid-$85K area.
So the market is giving us a simple question:
Can ETF demand + softer Fed expectations push BTC through $87K, or will sellers defend this resistance again?
📊 CRYPTO COMMUNITY POLL:
A️⃣ BTC breaks $87K soon 🚀
B️⃣ BTC needs another pullback first 🔄
C️⃣ BTC stays range-bound 📊
D️⃣ Too early to tell 👀
What’s your view?
#Bitcoin
#BTC
#Crypto
#BitcoinETF
#CryptoMarket
#Fed
#Trading
#BinanceSquare
#CryptoCommunity