Fed's Oct. 28 decision is make-or-break for Bitcoin's Q4, Nexo says
- —BTC rose 42.7% in Q3, from $58,544 to $83,570
- —ETH gained 70.9% and Solana about 60% over the same period
- —US spot BTC ETFs drew $2.65B in September, then saw outflows in October
- —CME FedWatch prices a 68% chance of a hold and 32% of a hike
Why it matters: The Fed outcome will decide whether BTC holds above the $82,000 double-bottom neckline or unwinds part of its Q3 gains.
Source: Finbold