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October 9/Bitcoin 60,000 is the core support level. CPI data is embarrassing
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🔹Reviews from Cognitive Society
Bitcoin consolidated weakly at 61,600 on October 9.
The altcoins also started to fall, because Bitcoin is the benchmark of the encryption industry. Ethereum is struggling around 2400, and 2520 is the key to short-term stabilization, otherwise it will bottom out.
Bitcoin's 60,000 is the core support level. If it holds, a new round of price rise will occur. If it fails, it will fall back.
Bitcoin's pressure level of 63300-65000 is the key.
🔹News Interpretation
Yesterday, the U.S. Ethereum spot ETF had a net outflow of $8.19 million
Yesterday, the U.S. Bitcoin spot ETF had a net outflow of $18.58 million
#aave #TAO #op #wif #sui
🔹Reviews from Cognitive Society
Bitcoin consolidated weakly at 61,600 on October 9.
The altcoins also started to fall, because Bitcoin is the benchmark of the encryption industry. Ethereum is struggling around 2400, and 2520 is the key to short-term stabilization, otherwise it will bottom out.
Bitcoin's 60,000 is the core support level. If it holds, a new round of price rise will occur. If it fails, it will fall back.
Bitcoin's pressure level of 63300-65000 is the key.
🔹News Interpretation
Yesterday, the U.S. Ethereum spot ETF had a net outflow of $8.19 million
Yesterday, the U.S. Bitcoin spot ETF had a net outflow of $18.58 million
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
87,339.83
+1.05%
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