Bitcoin starting the month with strength! Currently trading around $84.1k. Bulls defending support well, but $85.5k-$87.4k zone is still the wall to break.
October is historically bullish for crypto โ will history repeat?
If BTC gives daily close above resistance, momentum can continue. Otherwise, a small pullback to $82k support is healthy.
$BTC โ Latest Analysis BTC is around $83.7K, after briefly reaching about $85.5K. ๏ฟฝ CoinDesk +1 Resistance: $85.5Kโ$87.4K Support: $80.9K, then ~$75.6K. ๏ฟฝ The Economic Times Bullish factor: renewed ETF inflows and strong Q3 performance. Risk: elevated U.S. Treasury yields are limiting upside momentum. ๏ฟฝ CoinDesk Short view: BTC remains in a recovery/consolidation phase. A sustained move above $87K would strengthen the bullish setup, while a break below $80K would increase downside risk. #KoreaProposesTokenizingStocksAndBonds #MetaMaskExitsLidoValidatorsAfterSecurityIncident #MicronBeatsEarningsLiftsGuidance