Bitcoin Stuck Below $85K as ETF Demand Fades and Volatility Hits 2023 Lows
- —US spot BTC ETFs saw $67M in net inflows over two weeks after $540M of outflows on Oct. 22
- —Bitcoin's realized cap rose $31B to $1.088 trillion
- —One-month realized volatility near 25%, a level seen on only 5% of days since 2015
- —Key resistance at $85K; downside support at $77,900 and $75,800
Why it matters: The Fed's Oct. 28 decision is the next catalyst: a break above $85K on stronger ETF inflows would confirm recovering demand, while a drop below $77,900 exposes $75,800.
Source: CoinCodex