🔴 #Bitcoin is heading for a second straight red week
BTC bounced to around $82K on Friday, but it's still on track for a second weekly loss, and "Uptober" hasn't shown up this time. (yahoo)
▪️ It dipped to $79,711 on Thursday, Oct 15, wiping out $948M in leveraged bets, about 90% of them longs.
▪️ Spot Bitcoin ETFs saw roughly $146M in outflows this week.
▪️ ETH sits near $2,450, down about 2.6% on the week.
▪️ Drivers: inflation worries, Fed rate-hike bets, and a selloff in tech and AI stocks. (Bitcoin Price News: BTC Wipes Out $948M in Bets, Here’s Why Early Pepeto Buyers Could Win Big - TechBullion +2)
🎯 Levels to watch: $80K support, $85K resistance.
⚠️ Not financial advice. DYOR.
$BTC
$ETH #CryptoNewss #Binance
BTC bounced to around $82K on Friday, but it's still on track for a second weekly loss, and "Uptober" hasn't shown up this time. (yahoo)
▪️ It dipped to $79,711 on Thursday, Oct 15, wiping out $948M in leveraged bets, about 90% of them longs.
▪️ Spot Bitcoin ETFs saw roughly $146M in outflows this week.
▪️ ETH sits near $2,450, down about 2.6% on the week.
▪️ Drivers: inflation worries, Fed rate-hike bets, and a selloff in tech and AI stocks. (Bitcoin Price News: BTC Wipes Out $948M in Bets, Here’s Why Early Pepeto Buyers Could Win Big - TechBullion +2)
🎯 Levels to watch: $80K support, $85K resistance.
⚠️ Not financial advice. DYOR.
$BTC
$ETH #CryptoNewss #Binance