
Bitcoin Caught Between Recovery and Bullish Momentum, Analysts Eye $90K–$95K by Year-End
- —September: BTC closed near $83,350, up 6% on the month, a third straight gain
- —Spot bitcoin ETFs drew $2.65 billion in net inflows over 21 trading days in September
- —MVRV rose to 1.56, LTH-MVRV to 1.69, exchange reserves stood at 2.68 million BTC
- —Key risks: Fed policy, the Strait of Hormuz, and ETF flow stability
Why it matters: Steady ETF inflows and improving on-chain metrics underpin the recovery, but the rally may stall without broader stablecoin liquidity.
Source: Cryptocurrency.tech
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