🐉 The Fed held. Bitcoin didn't wait — and the data just flipped the script.
👉 The Fed held rates at 3.75%–4.00% in a 10–2 vote, Warsh gave no December guidance, yet traders now price about an 86% chance of a December hike, up from 78% a day earlier.
👉 BTC closed Oct 28 at $81,254 (+0.8%) after a $80,330–$81,632 range, and is trading around $80,978 this morning, with ETH closing at $2,357 (+0.6%).
👉 On-chain: dip buyers absorbed about 172,000 BTC in three days, lifting supply with a cost basis of $79,000–$81,000 from about 453,000 to 624,587 BTC.
👉 ETF flows are back: $110.3M on Oct 26 and $176M on Oct 27, the first back-to-back inflows since Oct 19–21.
👉 The wall ahead: about 884,312 BTC sits between $81,000–$82,500 held at a loss — that zone decides whether this is a bounce or a breakout.
#BinanceSquare #Bitcoin #Fed #BTC #Crypto
Hold the line at $81,000, and December becomes the real trade.
👉 The Fed held rates at 3.75%–4.00% in a 10–2 vote, Warsh gave no December guidance, yet traders now price about an 86% chance of a December hike, up from 78% a day earlier.
👉 BTC closed Oct 28 at $81,254 (+0.8%) after a $80,330–$81,632 range, and is trading around $80,978 this morning, with ETH closing at $2,357 (+0.6%).
👉 On-chain: dip buyers absorbed about 172,000 BTC in three days, lifting supply with a cost basis of $79,000–$81,000 from about 453,000 to 624,587 BTC.
👉 ETF flows are back: $110.3M on Oct 26 and $176M on Oct 27, the first back-to-back inflows since Oct 19–21.
👉 The wall ahead: about 884,312 BTC sits between $81,000–$82,500 held at a loss — that zone decides whether this is a bounce or a breakout.
#BinanceSquare #Bitcoin #Fed #BTC #Crypto
Hold the line at $81,000, and December becomes the real trade.