Key Takeaways on Bitcoin's Latest Move đš
đ Upcoming Macro Tests:
Keep an eye on the September jobs report on Oct 2 and CPI on Oct 14.
đ Technical Shift:
The $80k-$82k zoneâholding nearly 8% of supply and ETF cost basisâhas officially flipped from resistance to key support.
đŻ Next Target:
All eyes on the 100-week moving average near $89,000.
đ September Surprise:
BTC is currently up ~7% this month, defying the historical trend of a 3% average loss for September since 2013.
Bullish momentum building up! đ
#BlTCOlN #CircleLaunchesInstitutionalBTCBackedBorrowing
đ Upcoming Macro Tests:
Keep an eye on the September jobs report on Oct 2 and CPI on Oct 14.
đ Technical Shift:
The $80k-$82k zoneâholding nearly 8% of supply and ETF cost basisâhas officially flipped from resistance to key support.
đŻ Next Target:
All eyes on the 100-week moving average near $89,000.
đ September Surprise:
BTC is currently up ~7% this month, defying the historical trend of a 3% average loss for September since 2013.
Bullish momentum building up! đ
#BlTCOlN #CircleLaunchesInstitutionalBTCBackedBorrowing
