*$BTC Daily Analysis | Oct 29*
đ» *Today: BTC Breaks Below $80K*
Bitcoin dropped from $81,700 â $79,800 today after Fed hawkish hold (3.75%-4%) + Asia tech sell-off. Over $356M longs liquidated. Currently trading $79,957.
đ *Key Levels:*
Support: $80,000 / $79,000
Resistance: $81,700 / $82,000
ETF Flows: BTC +$176M inflows on Oct 27 but momentum faded
đ *What's Next?*
Tonight 6 PM IST: US GDP & PCE Inflation data - BIG volatility expected!
My View:
â Hold above $79K â Bounce to $81.5K possible
â ïž Break below $79K â $76K risk
Are you bullish or bearish for tomorrow?
This is not financial advice.
#BTC #bitcoin #CryptoNewss $BTC
đ» *Today: BTC Breaks Below $80K*
Bitcoin dropped from $81,700 â $79,800 today after Fed hawkish hold (3.75%-4%) + Asia tech sell-off. Over $356M longs liquidated. Currently trading $79,957.
đ *Key Levels:*
Support: $80,000 / $79,000
Resistance: $81,700 / $82,000
ETF Flows: BTC +$176M inflows on Oct 27 but momentum faded
đ *What's Next?*
Tonight 6 PM IST: US GDP & PCE Inflation data - BIG volatility expected!
My View:
â Hold above $79K â Bounce to $81.5K possible
â ïž Break below $79K â $76K risk
Are you bullish or bearish for tomorrow?
This is not financial advice.
#BTC #bitcoin #CryptoNewss $BTC
