₿ Bitcoin’s $90K Push Stalls as ETF Buying Slows
📉 Bitcoin Faces Resistance
Bitcoin’s move toward $90,000 has stalled below $87,722. Bitfinex analysts say the recovery remains possible, but stronger spot buying is needed.
💰 ETF Inflows Plunge
U.S. spot Bitcoin ETF inflows fell nearly 90%, from $2.39B to $241.1M for the week ending October 2.
Analysts say several sessions with at least $340M in inflows, plus a break above $87,722, could open the path toward $90K.
🛡️ Key Support Levels
Bitcoin’s estimated ETF investor breakeven is around $84,320.
🟢 $84K: Key support⚠️ $81.3K: Major downside level🔻 $77K–$77.2K: Potential target if selling intensifies
🏦 Fed & Inflation in Focus
High Treasury yields and uncertainty over future Fed rate decisions continue to pressure risk assets. Investors are watching U.S. CPI on October 14 for the next major signal.
🔥 Bottom Line
Bitcoin needs stronger ETF and spot demand to break $88K and challenge $90K. A sustained move below $81.3K would weaken the recovery outlook.
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