Markets· ★★★· bearish·

Bitcoin Slips Below $81,000 After Wall Street Close, $80,000 in Focus

  • —BTC touched $80,401 at 23:00 UTC before recovering to $80,810
  • —U.S. spot Bitcoin ETFs saw $635.6 million in outflows on Thursday
  • —Resistance sits at the 50-period EMA near $82,004 and the $81,156 level
  • —A break of $80,408 opens the way to $80,000 and $79,688 (0.618 Fib)
Why it matters: Thin weekend liquidity and ETF outflows raise the risk of a $80,000 test ahead of the Fed's October 28 decision.
Source: Cryptonews.net