$BTC shrugged off ETF outflows and climbed above 84,000. What does this signal?
Last week, U.S. spot $BTC ETFs saw net outflows of $681 million—the highest since June—showing clear caution among institutions. But the price held steady above 84,000, with support at 82,000 holding firm.
Falling oil prices and easing geopolitical risks have given risk appetite a short-term boost. But don’t celebrate just yet: Treasury yields are at a 24-year high, the dollar remains strong, and the U.S. CPI release on October 14 will be the real test.
$ETH reclaimed 2,500, while $XRP held above 1.40. Major coins are broadly up, but momentum is fading across the board—this looks more like an oversold bounce than a trend reversal.
Do you think $BTC can hold above 84,000 before the CPI release? Share your thoughts in the comments 👇
#BTC #ETF #Cryptocurrency
Not investment advice. DYOR
Last week, U.S. spot $BTC ETFs saw net outflows of $681 million—the highest since June—showing clear caution among institutions. But the price held steady above 84,000, with support at 82,000 holding firm.
Falling oil prices and easing geopolitical risks have given risk appetite a short-term boost. But don’t celebrate just yet: Treasury yields are at a 24-year high, the dollar remains strong, and the U.S. CPI release on October 14 will be the real test.
$ETH reclaimed 2,500, while $XRP held above 1.40. Major coins are broadly up, but momentum is fading across the board—this looks more like an oversold bounce than a trend reversal.
Do you think $BTC can hold above 84,000 before the CPI release? Share your thoughts in the comments 👇
#BTC #ETF #Cryptocurrency
Not investment advice. DYOR