Markets· ★★★· neutral·

Bitcoin holds six-month range above $58,115 with $97,924 as upside target

  • —BTC near $80,024, above the $78,020 midpoint of its six-month range
  • —Weekly breaker at $82,000–$83,000 is the nearest resistance
  • —US spot Bitcoin ETFs saw $137.9M outflows on Oct 23 after $635.6M the prior day
  • —Losing $78,020 opens $75,000 and $67,000; below $58,115 invalidates the range floor
Why it matters: Holding $80K and reclaiming $83K will decide whether BTC extends its recovery toward $97.9K or slides back to $75K.
Source: Cryptonews.net