📉 Bitcoin Holds Above $82K
BTC/USD is consolidating above $82,000 following pressure from US inflation and ETF outflows.
🏦 US inflation rose to 3.7% in September, while net outflows from Bitcoin ETFs in October exceeded $500 million.
As long as bond yields remain high, Bitcoin’s upside breakout remains limited.
#BitcoinShortTermHoldersReach4.08MBTC
#OctoberFedHikeOddsFallToAround17%
$BTC
BTC/USD is consolidating above $82,000 following pressure from US inflation and ETF outflows.
🏦 US inflation rose to 3.7% in September, while net outflows from Bitcoin ETFs in October exceeded $500 million.
As long as bond yields remain high, Bitcoin’s upside breakout remains limited.
#BitcoinShortTermHoldersReach4.08MBTC
#OctoberFedHikeOddsFallToAround17%
$BTC