Bitcoin got softer inflation data, but the rally still stalled.
BTC tested $85,500 before pulling back toward $84,100. PCE came in at 3.4% vs. 3.7% expected, while Treasury yields near 5.3% limited the upside.
Key levels:
$82,950: Support
$85,000–$85,500: Resistance
Bitcoin ETFs attracted $3.1B over nine sessions, while October's historical average return stands at 19.92%.
Will BTC break above $85,500 this October, or face another pullback?
$BTC
BTC tested $85,500 before pulling back toward $84,100. PCE came in at 3.4% vs. 3.7% expected, while Treasury yields near 5.3% limited the upside.
Key levels:
$82,950: Support
$85,000–$85,500: Resistance
Bitcoin ETFs attracted $3.1B over nine sessions, while October's historical average return stands at 19.92%.
Will BTC break above $85,500 this October, or face another pullback?
$BTC
