BTC $84K BREAKOUT? Bull trap or real recovery? đ
Finally, a green Monday! BTC bounced from the $80.3K bottom and hit a high of $84,212. Itâs now trading above $83,800, up 1.4% đ #ETH is also back at $2,542 (+1.5%), and #SOL has returned to $111. But this isnât confirmed Uptoberâitâs a relief bounce!
Hereâs the real story: ETFs. Last week, US Spot Bitcoin ETFs saw $681M in outflowsâthe biggest weekly sell-off since June! But on Friday, BlackRock IBIT saw $21M in inflows, giving sentiment a slight boost. Ethereumâs situation is even worse, with $697M flowing out over 9 consecutive days đŹ
Now everyoneâs watching Wednesday, 14 Octâthe US CPI data release. Inflation is expected to come in at 3.7%.
Hot CPI = BTC retests $82K support
Soft CPI = breakout to $85Kâ$86K, then $90K is in sight!
Key levels: Resistance at $84,100â$85,000; support at $83,200â$82,500. Volume and altcoin participation will decide what happens next.
Trending today: BUNKER +40%, STRK +19%, GRASS +24%, NEAR +10%âmoney is being made in small caps.
Whatâs your plan? Buy the dip or wait for CPI? Comment below đ
#BTC #ETH #Bitcoin #CryptoNews #BinanceSquare #CryptoMarket #BTCETF #CPI #Uptober
Finally, a green Monday! BTC bounced from the $80.3K bottom and hit a high of $84,212. Itâs now trading above $83,800, up 1.4% đ #ETH is also back at $2,542 (+1.5%), and #SOL has returned to $111. But this isnât confirmed Uptoberâitâs a relief bounce!
Hereâs the real story: ETFs. Last week, US Spot Bitcoin ETFs saw $681M in outflowsâthe biggest weekly sell-off since June! But on Friday, BlackRock IBIT saw $21M in inflows, giving sentiment a slight boost. Ethereumâs situation is even worse, with $697M flowing out over 9 consecutive days đŹ
Now everyoneâs watching Wednesday, 14 Octâthe US CPI data release. Inflation is expected to come in at 3.7%.
Hot CPI = BTC retests $82K support
Soft CPI = breakout to $85Kâ$86K, then $90K is in sight!
Key levels: Resistance at $84,100â$85,000; support at $83,200â$82,500. Volume and altcoin participation will decide what happens next.
Trending today: BUNKER +40%, STRK +19%, GRASS +24%, NEAR +10%âmoney is being made in small caps.
Whatâs your plan? Buy the dip or wait for CPI? Comment below đ
#BTC #ETH #Bitcoin #CryptoNews #BinanceSquare #CryptoMarket #BTCETF #CPI #Uptober