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Bitcoin faced renewed selling pressure on October 15, trading near $80,743 after touching an overnight low around $80,247.
📉 What's driving the move?
• Hotter-than-expected US inflation
• Concerns about possible Fed rate hikes
• Cautious sentiment across risk assets
📊 What traders should watch:
🔹 Whether BTC holds the $80K area
🔹 Trading volume during any recovery
🔹 Whether price reclaims nearby resistance
A support test does not guarantee a bounce. Wait for confirmation and manage risk.
💬 Do you expect BTC to recover or remain under pressure?
Bitcoin faced renewed selling pressure on October 15, trading near $80,743 after touching an overnight low around $80,247.
📉 What's driving the move?
• Hotter-than-expected US inflation
• Concerns about possible Fed rate hikes
• Cautious sentiment across risk assets
📊 What traders should watch:
🔹 Whether BTC holds the $80K area
🔹 Trading volume during any recovery
🔹 Whether price reclaims nearby resistance
A support test does not guarantee a bounce. Wait for confirmation and manage risk.
💬 Do you expect BTC to recover or remain under pressure?