📅 Week ahead: CPI could decide the next move for crypto
Where we are (Sunday):
$BTC ~$83.1K (+0.3%) | $ETH ~$2,501 (+0.3%) | $BNB ~$748 (-0.1%)
After falling four days in a row last week to a one-month low near $80K, the market has stabilized, and the weekend has been quiet.
Why CPI matters:
🔹 The market expects the Fed to hold at its Oct 27-28 meeting, with the odds of an October hike low
🔹 Some Fed officials have still floated another hike before year-end if inflation stays high
🔹 A soft CPI could lift risk assets, while a hot one could trigger another selloff
Also on my radar:
🌍 Thailand’s crypto ETF rules start Oct 16
🏦 Moscow Exchange plans direct BTC/ETH trading from Dec 1
📈 Tokenized stocks keep expanding, with Securitize planning Apple, NVIDIA and Microsoft tokens on Solana
Levels: BTC is testing resistance at $83K-$83.5K. A clean break puts $87K back in play, while last week’s low near $80K is the key support.
My plan: stay light on leverage into the data, and let the CPI print set direction.
What’s your CPI trade: hedge, wait, or buy the dip? 👇
#Bitcoin #BTC #BNB #CryptoNews #CPI
Not financial advice. DYOR.
$BTC
Where we are (Sunday):
$BTC ~$83.1K (+0.3%) | $ETH ~$2,501 (+0.3%) | $BNB ~$748 (-0.1%)
After falling four days in a row last week to a one-month low near $80K, the market has stabilized, and the weekend has been quiet.
Why CPI matters:
🔹 The market expects the Fed to hold at its Oct 27-28 meeting, with the odds of an October hike low
🔹 Some Fed officials have still floated another hike before year-end if inflation stays high
🔹 A soft CPI could lift risk assets, while a hot one could trigger another selloff
Also on my radar:
🌍 Thailand’s crypto ETF rules start Oct 16
🏦 Moscow Exchange plans direct BTC/ETH trading from Dec 1
📈 Tokenized stocks keep expanding, with Securitize planning Apple, NVIDIA and Microsoft tokens on Solana
Levels: BTC is testing resistance at $83K-$83.5K. A clean break puts $87K back in play, while last week’s low near $80K is the key support.
My plan: stay light on leverage into the data, and let the CPI print set direction.
What’s your CPI trade: hedge, wait, or buy the dip? 👇
#Bitcoin #BTC #BNB #CryptoNews #CPI
Not financial advice. DYOR.
$BTC