$BTC at 80.9K: Two Levels That Matter More Than Any Price Target
Narratives flipped fast: from “bottom at 40-50K” to “94K incoming” in a few weeks. Price is still range-bound, so here is a scenario map instead of a prediction.
▪️ Daily close above ~84.4K (ETF cohort cost basis): constructive only if funding stays under ~5% annualized and ETF inflows confirm. A close there with funding near 9% is a leveraged move and tends to get sold.
▪️ Loss of ~79.8K: leverage has rebuilt after two flushes this month, so a third flush is a live risk.
▪️ Flows are mixed: Friday saw -$137.9M in spot ETF outflows, while the week stays net positive.
FOMC on Oct 28 is the volatility window. Plan entries, size and invalidation before the event, not during it.
Verify first. Risk later. Scale slowly. 🛡️
#BTC #Bitcoin #BinanceSquare
Narratives flipped fast: from “bottom at 40-50K” to “94K incoming” in a few weeks. Price is still range-bound, so here is a scenario map instead of a prediction.
▪️ Daily close above ~84.4K (ETF cohort cost basis): constructive only if funding stays under ~5% annualized and ETF inflows confirm. A close there with funding near 9% is a leveraged move and tends to get sold.
▪️ Loss of ~79.8K: leverage has rebuilt after two flushes this month, so a third flush is a live risk.
▪️ Flows are mixed: Friday saw -$137.9M in spot ETF outflows, while the week stays net positive.
FOMC on Oct 28 is the volatility window. Plan entries, size and invalidation before the event, not during it.
Verify first. Risk later. Scale slowly. 🛡️
#BTC #Bitcoin #BinanceSquare