🚨 BITCOIN BOUNCED… BUT $84K IS THE REAL TEST
$BTC recovered from $80,350 and briefly climbed above $83K before settling near $82.5K. But after over $1B in crypto liquidations, is this a real recovery or just a relief bounce?
My take: I’m not calling the bottom yet. Buyers need to reclaim $84K, while losing $81.3K could put pressure back on the market. The next major catalyst is U.S. CPI on October 14.
What I’m watching:
🔹 Above $84K: potential push toward $86.5K
🔹 Below $81.3K: downside risk increases
Ledger-related theft reports are also worth monitoring, although no breach of its core technology has been confirmed.
What’s next for BTC? Breakout or another dip?
#StateCouncilCallsForNationalBlockchainNetwork #CryptoNews $STRK #STRKRisesAbout20%In24Hours $XRP #XRPLedgerPatchesXRPCreationBug
$BTC recovered from $80,350 and briefly climbed above $83K before settling near $82.5K. But after over $1B in crypto liquidations, is this a real recovery or just a relief bounce?
My take: I’m not calling the bottom yet. Buyers need to reclaim $84K, while losing $81.3K could put pressure back on the market. The next major catalyst is U.S. CPI on October 14.
What I’m watching:
🔹 Above $84K: potential push toward $86.5K
🔹 Below $81.3K: downside risk increases
Ledger-related theft reports are also worth monitoring, although no breach of its core technology has been confirmed.
What’s next for BTC? Breakout or another dip?
#StateCouncilCallsForNationalBlockchainNetwork #CryptoNews $STRK #STRKRisesAbout20%In24Hours $XRP #XRPLedgerPatchesXRPCreationBug