$BTC ๐ Latest Status of Bitcoin (14 October 2026) ๐ช
Current price: ~$81,500 โ $82,000 ๐ต
A decline of approximately โ1.7% / โ2% has been recorded in the last 24 hours. ๐
What is happening? ๐ค
The September inflation (CPI) data released in the US came in higher than expected. ๐ This increased the likelihood of another Fed rate hike and placed pressure on risk assets (including crypto). ๐๏ธโ ๏ธ
Bitcoin pulled back from the $84,000 level ๐
Altcoins are also generally in the negative zone ๐ด
The market is in a cautious mode ๐ก๏ธ
Brief Technical Outlook: ๐
โข Near-term support: $80,000 โ $81,300 ๐ก๏ธ
โข Resistance: $83,500 โ $84,500 ๐งฑ
โข Still down by about 35% from its all-time high (~$126,000) ๐๐
Volatility may continue until the October 28 Fed decision. ๐ โก
Do you think Bitcoin will be able to hold the $80,000 support? โ๐ญ
$BTC #Bitcoin #CryptoMarket #Fed
Current price: ~$81,500 โ $82,000 ๐ต
A decline of approximately โ1.7% / โ2% has been recorded in the last 24 hours. ๐
What is happening? ๐ค
The September inflation (CPI) data released in the US came in higher than expected. ๐ This increased the likelihood of another Fed rate hike and placed pressure on risk assets (including crypto). ๐๏ธโ ๏ธ
Bitcoin pulled back from the $84,000 level ๐
Altcoins are also generally in the negative zone ๐ด
The market is in a cautious mode ๐ก๏ธ
Brief Technical Outlook: ๐
โข Near-term support: $80,000 โ $81,300 ๐ก๏ธ
โข Resistance: $83,500 โ $84,500 ๐งฑ
โข Still down by about 35% from its all-time high (~$126,000) ๐๐
Volatility may continue until the October 28 Fed decision. ๐ โก
Do you think Bitcoin will be able to hold the $80,000 support? โ๐ญ
$BTC #Bitcoin #CryptoMarket #Fed