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On October 2, Bitcoin (BTC) rose 5.5% to $28,600, but the cryptocurrency lost momentum after the launch of Ether (ETH) futures with low trading volumes. 📉 - The US Federal Reserve has expressed concerns about an upcoming economic downturn - Bitcoin showed short-term strength, supporting the $27,200 level, but three key trading indicators indicate weak support - Macroeconomic forces are putting pressure on the price of Bitcoin - Bitcoin trading indicators indicate a decrease in activity for long positions with leverage - Investor expectations for spot Bitcoin ETF are declining As a result, Bitcoin was unable to overcome the resistance level of $28,500, and representatives of the Federal Reserve warned of upcoming economic problems.

On October 2, Bitcoin (BTC) rose 5.5% to $28,600, but the cryptocurrency lost momentum after the launch of Ether (ETH) futures with low trading volumes. 📉

- The US Federal Reserve has expressed concerns about an upcoming economic downturn

- Bitcoin showed short-term strength, supporting the $27,200 level, but three key trading indicators indicate weak support

- Macroeconomic forces are putting pressure on the price of Bitcoin

- Bitcoin trading indicators indicate a decrease in activity for long positions with leverage

- Investor expectations for spot Bitcoin ETF are declining

As a result, Bitcoin was unable to overcome the resistance level of $28,500, and representatives of the Federal Reserve warned of upcoming economic problems.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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