BTC is at *$79,861* this morning - dumped again after Fed hawkish hold 😬
- *USD:* $79,861.91 (-$1,220, -1.50%)
- *GBP:* ~£59,950
- *Open:* $81,082 / *High:* $81,823 / *Low:* $79,710
- *24h range:* $79,725 - $81,805 / *Prev Close:* $81,082 / *Market Cap:* $1.61T
*Market vibe:*
Bearish 🐻 Fear & Greed 25 = Extreme Fear, RSI 47. Fed held rates at 3.75-4% but 2 governors wanted a hike, so December hike odds now 86% - risk assets scared. Support at $78k-$79.7k, resistance at $81,800. ETFs finally had 3 days of inflows (+$286M) after heavy outflows, but still down 3% on week.
BTC last night hit $81,823, posted on Instagram "we back baby" then woke up at $79,861 like "who said that?" 😂 Classic London weather move - sunny one hour, storm next. You're down a Nando's, I'm down a Nando's, we're all down a Nando's. Hold tight, PCE inflation data tomorrow will decide if we eat or just look at the menu.
- *USD:* $79,861.91 (-$1,220, -1.50%)
- *GBP:* ~£59,950
- *Open:* $81,082 / *High:* $81,823 / *Low:* $79,710
- *24h range:* $79,725 - $81,805 / *Prev Close:* $81,082 / *Market Cap:* $1.61T
*Market vibe:*
Bearish 🐻 Fear & Greed 25 = Extreme Fear, RSI 47. Fed held rates at 3.75-4% but 2 governors wanted a hike, so December hike odds now 86% - risk assets scared. Support at $78k-$79.7k, resistance at $81,800. ETFs finally had 3 days of inflows (+$286M) after heavy outflows, but still down 3% on week.
BTC last night hit $81,823, posted on Instagram "we back baby" then woke up at $79,861 like "who said that?" 😂 Classic London weather move - sunny one hour, storm next. You're down a Nando's, I'm down a Nando's, we're all down a Nando's. Hold tight, PCE inflation data tomorrow will decide if we eat or just look at the menu.