Bitcoin is back above $84,000 as falling oil prices help support the market. Most major altcoins are also moving higher, showing signs of a broader market recovery.
However, there is still some concern. U.S. spot Bitcoin ETFs recorded $681 million in outflows last week, their biggest weekly withdrawal since June.
Key Levels to Watch
- BTC Support: $82,000
- Current Price: Around $84,050
- Next Major Catalyst: U.S. inflation data on October 14
If BTC holds above $82K, bulls may have another chance to push higher. But if support breaks, we could see more downside.
What do you think, guys? Is Bitcoin preparing for another rally, or is another dip coming?