🚨 IRAN SHOT DOWN A US DRONE. BTC HELD $80,000

Trump threatens to strike Iran at any time. Iran's military says it shot down a US drone. BTC held 80,000.

1. Trump said on Saturday the US may strike Iran "tomorrow" or make a deal. He repeated the threat on Sunday (Iran International, Wallstreetcn).

2. The Iranian military said its air defense shot down a US drone near Bandar Abbas (Tasnim). The US cut staff at four embassies: Jordan, Lebanon, Qatar, UAE (AP).

3. BTC touched 79,800 on Saturday and recovered. It trades at 80,644 on Binance now. Spot ETFs pulled $635M in one day, $773M in two days, the biggest exit since June (Yahoo Finance).

My take: war headlines did not break 80,000. Money leaving ETFs will break it. If the Fed decision on Thursday Oct 29 comes with outflows still running, 80,000 fails before next weekend.

What to watch: the daily ETF flow print, and 80,000 holding into Thursday's rate call.

Strike or deal by Thursday?

$BTC #Geopolitics #Bitcoin #FederalReserve #TradingStrategy

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