BTC today - Oct 13, 2026 is important for 3 reasons:
*1. Defending a major support level*
$BTC fell below $81,000 overnight ($80,942 low) then bounced back to ∼$83,400 - $83,700 now. Traders are watching $82k - $82,500 as the key level. Weekly close above that avoids dropping back into the $60k-$80k range. f7228434
*2. Big macro data tomorrow*
Tomorrow is US CPI (inflation) - forecast 3.6-3.7% YoY. That's why today is volatile. If inflation comes hot, Fed could keep rates high = pressure on $BTC If cool, risk assets like BTC benefit. 9afa
*3. Institutional sentiment shift*
- Spot Bitcoin ETFs had $678.9M outflows last week (Oct 5-9), ending 3 weeks of inflows. That's why price is weak.
- But Wall Street just upgraded: Citi raised 12-month target to $113,000 (from $82k) and TD Cowen raised year-end to $109,000. Both cite returning ETF flows and weaker dollar. 968cc21f
In short: today $BTC is trading at ∼$83,414 (+1% on day) holding above support while market waits for CPI. $82k support and $84,122 - $87,300 resistance are the levels to watch today. f722f239
#RBNZPausesDigitalCashDevelopment #BTCDominanceBackAt60%
*1. Defending a major support level*
$BTC fell below $81,000 overnight ($80,942 low) then bounced back to ∼$83,400 - $83,700 now. Traders are watching $82k - $82,500 as the key level. Weekly close above that avoids dropping back into the $60k-$80k range. f7228434
*2. Big macro data tomorrow*
Tomorrow is US CPI (inflation) - forecast 3.6-3.7% YoY. That's why today is volatile. If inflation comes hot, Fed could keep rates high = pressure on $BTC If cool, risk assets like BTC benefit. 9afa
*3. Institutional sentiment shift*
- Spot Bitcoin ETFs had $678.9M outflows last week (Oct 5-9), ending 3 weeks of inflows. That's why price is weak.
- But Wall Street just upgraded: Citi raised 12-month target to $113,000 (from $82k) and TD Cowen raised year-end to $109,000. Both cite returning ETF flows and weaker dollar. 968cc21f
In short: today $BTC is trading at ∼$83,414 (+1% on day) holding above support while market waits for CPI. $82k support and $84,122 - $87,300 resistance are the levels to watch today. f722f239
#RBNZPausesDigitalCashDevelopment #BTCDominanceBackAt60%