Markets· ★★★★· neutral·

Bitcoin eyes best Q3 in nine years as traders watch $82,500 support

  • —BTC weekly close of $84,450 was its highest since late January
  • —Quarterly gains above 40% mark the best Q3 since 2017
  • —Markets price 70% odds of a 0.25% Fed hike in October
  • —Analysts say BTC must hold $82,500 to confirm its inverse head-and-shoulders reversal
Why it matters: Holding $82,500 would confirm a bullish reversal, while PCE and jobs data will shape Fed policy expectations and BTC's next move.
Source: Cryptonews.net