Bitcoin just lost $80K — and Wednesday decides what happens next. ⚠️
📊 BTC fell as much as 1.4% to under $79,300 in Asian trading, then recovered to ~$80,000
📊 First break below $80K since Oct 15
📊 ETH dropped nearly 3% to just above $2,300, SOL slid 2% and is barely holding $100
Why it's falling: US spot Bitcoin ETFs saw $772.4M in outflows on Thursday and Friday — a sharp reversal from $1B+ inflows earlier in the week. Add the AI-trade selloff, record oil prices, and US-Iran tensions, and traders are de-risking before the Fed.
The levels that matter:
🔻 Below the 50-day average (~$81,850) — it now acts as resistance
🔺 Recovery needs a daily close above $82,500
🎯 Range ceiling: $84,000–$85,000 | ~9% below the recent $87,400 swing high
This week is packed: Fed decision Wednesday Oct 28, ~$11B in options expiring Friday, and US midterms Nov 3. Markets price a 90.6% chance of a hold — the real question is how strongly the Fed hints at a December hike.
One word 👇
HOLD or SELL?
Follow for 3 crypto posts daily.
Not financial advice. DYOR.
#bitcoin #BTC #BTCUSDT #crypto #BinanceSquare #FedMeeting #FOMC #CryptoNews #Ethereum #Altcoins #DYOR
📊 BTC fell as much as 1.4% to under $79,300 in Asian trading, then recovered to ~$80,000
📊 First break below $80K since Oct 15
📊 ETH dropped nearly 3% to just above $2,300, SOL slid 2% and is barely holding $100
Why it's falling: US spot Bitcoin ETFs saw $772.4M in outflows on Thursday and Friday — a sharp reversal from $1B+ inflows earlier in the week. Add the AI-trade selloff, record oil prices, and US-Iran tensions, and traders are de-risking before the Fed.
The levels that matter:
🔻 Below the 50-day average (~$81,850) — it now acts as resistance
🔺 Recovery needs a daily close above $82,500
🎯 Range ceiling: $84,000–$85,000 | ~9% below the recent $87,400 swing high
This week is packed: Fed decision Wednesday Oct 28, ~$11B in options expiring Friday, and US midterms Nov 3. Markets price a 90.6% chance of a hold — the real question is how strongly the Fed hints at a December hike.
One word 👇
HOLD or SELL?
Follow for 3 crypto posts daily.
Not financial advice. DYOR.
#bitcoin #BTC #BTCUSDT #crypto #BinanceSquare #FedMeeting #FOMC #CryptoNews #Ethereum #Altcoins #DYOR
