📊 Crypto Update
🔹 "Black Monday" fears: Over the weekend, AI-stock perpetual futures dropped suddenly. Bitcoin and Ethereum dipped with them, and about $51.6M in leveraged positions were liquidated.
🔹 Morning rebound: China's GDP beat estimates and oil eased, so Nasdaq futures rose and Bitcoin reclaimed $82,500. Support is near $81,300, resistance near $84,500.
🔹 Old whale wakes up: A wallet dormant since 2013 moved 411 $BTC
(about $34M).
🔹 Saylor hints at more buys: Strategy holds 848,250 BTC.
🔹 ETF flows: Eth
ereum ETFs saw bigger outflows than Bitcoin ETFs last week.
📅 Next big event: the Fed meeting on Oct 27-28.
My take: Sentiment is cautious, but this morning shows a rebound, not a crash. Keep an eye on oil, yields and stocks.
⚠️ Not financial advice, just information. Do your own research.
#Bitcoin #Crypto #BlackMonday #BTC #Binance
🔹 "Black Monday" fears: Over the weekend, AI-stock perpetual futures dropped suddenly. Bitcoin and Ethereum dipped with them, and about $51.6M in leveraged positions were liquidated.
🔹 Morning rebound: China's GDP beat estimates and oil eased, so Nasdaq futures rose and Bitcoin reclaimed $82,500. Support is near $81,300, resistance near $84,500.
🔹 Old whale wakes up: A wallet dormant since 2013 moved 411 $BTC
(about $34M).
🔹 Saylor hints at more buys: Strategy holds 848,250 BTC.
🔹 ETF flows: Eth
ereum ETFs saw bigger outflows than Bitcoin ETFs last week.
📅 Next big event: the Fed meeting on Oct 27-28.
My take: Sentiment is cautious, but this morning shows a rebound, not a crash. Keep an eye on oil, yields and stocks.
⚠️ Not financial advice, just information. Do your own research.
#Bitcoin #Crypto #BlackMonday #BTC #Binance