📈 $BTC bounces to 84.1K: breakout or trap?
🗞️ Today:
• BTC climbed back above $84,000 as tech stocks rebounded, and the OCC finalized its stablecoin rules.
• BTC ETFs attracted $526.7M on Monday, but inflows fell to $23.2M on Tuesday. Demand cooled. (Crypto Market Today, Oct. 21: Bitcoin Rebounds on Tech Rally +3)
📊 Charts:
• 4H: broke out of its downtrend range and is above all EMAs. RSI is 63.7, with support at 82.9K.
• 15m: rejected at 84,898, with RSI at 34.9. It’s below the EMA20/50 (≈84.3–84.5K), and the Supertrend has turned red. If it loses 83.2K (EMA200), the pullback will deepen.
📅 What’s coming this week:
• Today: Meta and Tesla report after the close, which could affect risk appetite.
• Thursday: jobless claims; Friday: S&P Global PMI.
• Next week: the Fed meeting on October 27 and 28—the major catalyst. (Crypto Week Ahead: Fed Blackout, Meta, Tesla & Netflix Earnings, ZRO & GRAM Unlocks +3)
⚠️ Keep an eye on this: BTC has been trading between $80K and $87K for a month, oil near $110 is capping gains, and fresh leverage is limited. (nexo)
👉 Until it closes above 85K on volume, it’s still range-bound. Do you see it breaking 87K or pulling back to 82K? 👇
⚠️ This is not financial advice.
#Bitcoin #BTC #Fed #Binance $BTC
$FIL
🗞️ Today:
• BTC climbed back above $84,000 as tech stocks rebounded, and the OCC finalized its stablecoin rules.
• BTC ETFs attracted $526.7M on Monday, but inflows fell to $23.2M on Tuesday. Demand cooled. (Crypto Market Today, Oct. 21: Bitcoin Rebounds on Tech Rally +3)
📊 Charts:
• 4H: broke out of its downtrend range and is above all EMAs. RSI is 63.7, with support at 82.9K.
• 15m: rejected at 84,898, with RSI at 34.9. It’s below the EMA20/50 (≈84.3–84.5K), and the Supertrend has turned red. If it loses 83.2K (EMA200), the pullback will deepen.
📅 What’s coming this week:
• Today: Meta and Tesla report after the close, which could affect risk appetite.
• Thursday: jobless claims; Friday: S&P Global PMI.
• Next week: the Fed meeting on October 27 and 28—the major catalyst. (Crypto Week Ahead: Fed Blackout, Meta, Tesla & Netflix Earnings, ZRO & GRAM Unlocks +3)
⚠️ Keep an eye on this: BTC has been trading between $80K and $87K for a month, oil near $110 is capping gains, and fresh leverage is limited. (nexo)
👉 Until it closes above 85K on volume, it’s still range-bound. Do you see it breaking 87K or pulling back to 82K? 👇
⚠️ This is not financial advice.
#Bitcoin #BTC #Fed #Binance $BTC
$FIL