đ Daily Crypto Update | Tuesday, 20 Oct
$BTC C is trading near $82.7K after briefly dipping under $80K earlier this week. Buyers defended the low, and the bounce is holding for now.
đč Resistance: $84K
đč Support: $81K, then $80K
$ETH TH is holding around $2,400 but still sits below its 20 and 50 day EMAs ($2,483 to $2,504). Bulls need a daily close above that zone to turn the trend. BitMine added 12.5K ETH last week, a steady accumulation signal.
$XRP RP is quiet near $1.31.
đ§ This week's catalysts:
âą Meta and Tesla earnings
âą Oil data and jobless claims
âą PMI reports and inflation expectations
âą All of this leads into the next Fed decision
â ïž My view: BTC is recovering but still range-bound. A clean break above $84K would shift momentum, while a loss of $80K brings the dip back into play. Keep leverage low and wait for confirmation.
Will ETH reclaim $2,500 before the Fed meeting? đ
#Bitcoin #Ethereum #XRP #Binance #CryptoMarket
$BTC C is trading near $82.7K after briefly dipping under $80K earlier this week. Buyers defended the low, and the bounce is holding for now.
đč Resistance: $84K
đč Support: $81K, then $80K
$ETH TH is holding around $2,400 but still sits below its 20 and 50 day EMAs ($2,483 to $2,504). Bulls need a daily close above that zone to turn the trend. BitMine added 12.5K ETH last week, a steady accumulation signal.
$XRP RP is quiet near $1.31.
đ§ This week's catalysts:
âą Meta and Tesla earnings
âą Oil data and jobless claims
âą PMI reports and inflation expectations
âą All of this leads into the next Fed decision
â ïž My view: BTC is recovering but still range-bound. A clean break above $84K would shift momentum, while a loss of $80K brings the dip back into play. Keep leverage low and wait for confirmation.
Will ETH reclaim $2,500 before the Fed meeting? đ
#Bitcoin #Ethereum #XRP #Binance #CryptoMarket