$BTC
Bitcoin (BTC) — Binance Square post:
Bitcoin is trading around $84.8K, with recent momentum showing strength.
A breakout above $87K could open the way toward $90K–$92K.
The $82K–$83K zone remains an important support area.
Recent U.S. jobs data reduced expectations for an October Fed rate hike, supporting risk assets.
Bitcoin ETF flows and institutional demand remain important catalysts.
Citi recently raised its longer-term Bitcoin forecast to $113K.
The next major market focus is the October 14 U.S. CPI report and the Fed meeting later in October.
If BTC holds above support and breaks $87K, bullish momentum could strengthen.
A rejection near resistance could bring another pullback toward $82K–$83K.
Key levels: $83K support → $87K breakout → $90K–$92K potential target.Follow for more
#BTC
#BinanceSquareTalks
#Follow_Like_Comment
Bitcoin (BTC) — Binance Square post:
Bitcoin is trading around $84.8K, with recent momentum showing strength.
A breakout above $87K could open the way toward $90K–$92K.
The $82K–$83K zone remains an important support area.
Recent U.S. jobs data reduced expectations for an October Fed rate hike, supporting risk assets.
Bitcoin ETF flows and institutional demand remain important catalysts.
Citi recently raised its longer-term Bitcoin forecast to $113K.
The next major market focus is the October 14 U.S. CPI report and the Fed meeting later in October.
If BTC holds above support and breaks $87K, bullish momentum could strengthen.
A rejection near resistance could bring another pullback toward $82K–$83K.
Key levels: $83K support → $87K breakout → $90K–$92K potential target.Follow for more
#BTC
#BinanceSquareTalks
#Follow_Like_Comment
