Bitcoin Clings to $81K as Sellers Test Critical $81,100 Support
- —US spot bitcoin ETFs saw roughly $228 million in weekly net outflows
- —A negative Coinbase premium points to weak US spot demand
- —Key support sits at $81,100, with $80,500 and $79,800 below
- —Daily RSI is near 30, while MACD and momentum remain negative
Why it matters: A break of $81,100 would expose $80,000 and below just ahead of the Fed's Oct. 28 decision, where a hike is widely expected.
Source: Bitcoin.com