🚨 BITCOIN STARTS OCTOBER — WHAT’S DRIVING BTC?
Bitcoin is entering October with strong momentum, but there’s more behind the move than just price action. 👀
📊 1. U.S. Inflation Came In Cooler
August PCE inflation came in at 3.4% YoY, below the 3.7% expectation.
Core PCE was 3.0%, also below the 3.3% estimate.
This helped reduce expectations for an aggressive Fed rate hike in October — a factor that can support risk assets like crypto.
💰 2. Bitcoin ETF Inflows Are Back
U.S. spot Bitcoin ETFs recorded around $2.4B in net inflows in the week ending September 25 — their strongest weekly inflow in nearly a year.
That pushed 2026 ETF net flows back into positive territory.
📈 3. BTC Had a Strong Q3
Bitcoin gained around 45% during Q3, its strongest quarterly performance since 2024, according to Dow Jones Market Data cited by Barron’s.
🧠 My Trading Take:
News can create momentum, but I still want the chart to confirm the setup.
I’ll be watching:
🔹 Liquidity
🔹 Market Structure
🔹 CHoCH / MSS
🔹 Order Blocks
🔹 5M Confirmation
🔹 Risk Management
⚠️ News ≠ guaranteed direction.
Let the market show the setup before taking the trade.
👇 What do you think?
Will BTC continue its October momentum, or do you expect a pullback first?
#BTC #Bitcoin #Crypto #BitcoinNews #SMC #Trading #PriceAction #BinanceSquare
Bitcoin is entering October with strong momentum, but there’s more behind the move than just price action. 👀
📊 1. U.S. Inflation Came In Cooler
August PCE inflation came in at 3.4% YoY, below the 3.7% expectation.
Core PCE was 3.0%, also below the 3.3% estimate.
This helped reduce expectations for an aggressive Fed rate hike in October — a factor that can support risk assets like crypto.
💰 2. Bitcoin ETF Inflows Are Back
U.S. spot Bitcoin ETFs recorded around $2.4B in net inflows in the week ending September 25 — their strongest weekly inflow in nearly a year.
That pushed 2026 ETF net flows back into positive territory.
📈 3. BTC Had a Strong Q3
Bitcoin gained around 45% during Q3, its strongest quarterly performance since 2024, according to Dow Jones Market Data cited by Barron’s.
🧠 My Trading Take:
News can create momentum, but I still want the chart to confirm the setup.
I’ll be watching:
🔹 Liquidity
🔹 Market Structure
🔹 CHoCH / MSS
🔹 Order Blocks
🔹 5M Confirmation
🔹 Risk Management
⚠️ News ≠ guaranteed direction.
Let the market show the setup before taking the trade.
👇 What do you think?
Will BTC continue its October momentum, or do you expect a pullback first?
#BTC #Bitcoin #Crypto #BitcoinNews #SMC #Trading #PriceAction #BinanceSquare
