Markets· ★★★· bearish·

Bitcoin hits $79,500 target as Ethereum slips to weekly low

  • —Bitcoin hit the $79,500 target inside the 4H FVG of $78,400–$80,500
  • —Ethereum printed a weekly low of $2,281.22
  • —An October close below $80,000 opens the way to $72,500 and $70,000
  • —DXY consolidates in the 101.446–102.080 range ahead of the Fed
Why it matters: A monthly close below $80,000 could accelerate a drop toward $72–73K, while holding above keeps the $80–88K range intact.
Source: Incrypted