$BTC showing early signs of an October bottom 👀
On-chain demand is improving and large holders have stacked nearly 3M $BTC . Midterms on Nov 3 could act as a catalyst. Headwinds remain: elevated yields + slowing ETF inflows.
KillaXBT sees a possible pre-election rally, then a higher-low correction, with potential recovery toward $95k afterward if we dip first.
Accumulation by whales is a solid signal, but demand still negative and macro pressure is real. A clean bottom needs stronger ETF flows and yield relief. Expect choppy action into midterms—patience over FOMO. Higher low setup looks reasonable if we hold key supports. Not financial advice.
$BTC
#Bitcoin #BTC #Crypto #Midterms
On-chain demand is improving and large holders have stacked nearly 3M $BTC . Midterms on Nov 3 could act as a catalyst. Headwinds remain: elevated yields + slowing ETF inflows.
KillaXBT sees a possible pre-election rally, then a higher-low correction, with potential recovery toward $95k afterward if we dip first.
Accumulation by whales is a solid signal, but demand still negative and macro pressure is real. A clean bottom needs stronger ETF flows and yield relief. Expect choppy action into midterms—patience over FOMO. Higher low setup looks reasonable if we hold key supports. Not financial advice.
$BTC
#Bitcoin #BTC #Crypto #Midterms