đš BITCOIN: THE $80K BATTLE IS GETTING SERIOUS.
Bitcoin recently fell below the psychological $80,000 level as macroeconomic uncertainty and geopolitical tensions weighed on crypto sentiment.
But the bigger question isnât whether BTC can bounce.
Itâs whether buyers can reclaim control.
đ WHAT MATTERS NOW:
đč $80K: The immediate psychological level to reclaim.
đč $82Kâ$84K: A zone to watch for evidence of renewed buying strength.
đč Below $80K: Further downside remains possible if selling pressure persists.
Institutional flows also deserve attention. US spot Bitcoin ETFs recorded approximately $356.7M in net inflows between October 16 and October 22, despite a significant outflow on October 22.
That divergence matters: institutional demand hasnât disappeared, but it isnât consistently strong either.
â ïž THE MACRO CATALYST
The Federal Reserve meets October 27â28. Its decision and guidance could influence risk appetite across financial markets.
My approach: no blind dip-buying, no panic-selling.
#bitcoin #BTC #CryptoAnalysis #MannequinCrypto
Bitcoin recently fell below the psychological $80,000 level as macroeconomic uncertainty and geopolitical tensions weighed on crypto sentiment.
But the bigger question isnât whether BTC can bounce.
Itâs whether buyers can reclaim control.
đ WHAT MATTERS NOW:
đč $80K: The immediate psychological level to reclaim.
đč $82Kâ$84K: A zone to watch for evidence of renewed buying strength.
đč Below $80K: Further downside remains possible if selling pressure persists.
Institutional flows also deserve attention. US spot Bitcoin ETFs recorded approximately $356.7M in net inflows between October 16 and October 22, despite a significant outflow on October 22.
That divergence matters: institutional demand hasnât disappeared, but it isnât consistently strong either.
â ïž THE MACRO CATALYST
The Federal Reserve meets October 27â28. Its decision and guidance could influence risk appetite across financial markets.
My approach: no blind dip-buying, no panic-selling.
#bitcoin #BTC #CryptoAnalysis #MannequinCrypto