$BTC Holds $81K as ETF Outflows and the Fed Weigh on Traders
$BTC is trading in the low $80Ks after bouncing from a $80,953 low on Oct 13. $ETH sits near $2,440.
ETF demand is two-way: bitcoin and ether funds lost $391M on Wednesday, erasing Tuesday’s rebound. Yet whales are accumulating at the fastest pace since February.
Key levels:
$BTC support $81,000-81,250 | resistance $84,000-87,000
$ETH support $2,405 | resistance $2,650
Next catalyst: the Fed decision on Oct 28. Expect choppy flows until then.
Read: consolidation with a defended floor, not a breakdown. Watch daily closes around $81K. Manage risk, avoid chasing.
Not financial advice. DYOR.
#Bitcoin❗ #BTC☀ #Ethereum #CryptoAnalysis #writetoearn
$BTC is trading in the low $80Ks after bouncing from a $80,953 low on Oct 13. $ETH sits near $2,440.
ETF demand is two-way: bitcoin and ether funds lost $391M on Wednesday, erasing Tuesday’s rebound. Yet whales are accumulating at the fastest pace since February.
Key levels:
$BTC support $81,000-81,250 | resistance $84,000-87,000
$ETH support $2,405 | resistance $2,650
Next catalyst: the Fed decision on Oct 28. Expect choppy flows until then.
Read: consolidation with a defended floor, not a breakdown. Watch daily closes around $81K. Manage risk, avoid chasing.
Not financial advice. DYOR.
#Bitcoin❗ #BTC☀ #Ethereum #CryptoAnalysis #writetoearn