Markets· ★★★· neutral·

Bitcoin holds near $83,000 as traders watch $87,371 and $80,433 levels

  • —Bitcoin holds above the 50-day EMA at $80,702; the 200-day EMA sits at $76,123
  • —RSI at 53.34 shows the market is neither overbought nor oversold
  • —Nearest resistance is $87,371, with first support at $80,433
  • —Fear & Greed Index rose to 51 from 49; total market cap reached $2.8 trillion
Why it matters: The $87,371 and $80,433 levels will likely decide bitcoin's next move, especially ahead of the Fed meeting on October 27–28.
#BTC
Source: Digital Today
More on this
Markets · Oct 19
Bitcoin Holds Near $82,500 as Traders Eye $80,000 Support in Macro-Heavy Week
 Macro · Oct 12
Bitcoin Holds Near $83K as Traders Await US Inflation Data
 Markets · Oct 9
Trader Ansem: Bitcoin pullback is a buying opportunity, $87,500 is the key level