Bitcoin could reach $93,000 if yields ease and inflation cools: Bitget Wallet analyst
- —October Fed rate-hike odds fell to about 23% from 64% a week earlier
- —U.S. spot Bitcoin ETFs drew roughly $2.65 billion in September
- —Upside targets are $90,000 and $93,000, with support at $84,000 and $82,000
- —A daily or weekly close above $87,400 is needed to confirm a breakout
Why it matters: The forecast hinges on yields and inflation: stronger CPI or PPI prints could revive rate-hike expectations and send Bitcoin toward $84,000.
Source: crypto.news