BTC holds $82K after $2B options expiry, what's next?
memzone's market update, Oct 9
$BTC : ~$82.5K (-0.5% in 24h)
Key levels: support $80K / resistance $84K
$ETH : ~$2,500 (-2.7% in 24h)
Key levels: support $2,450 / resistance $2,650
-- Today's key points:
โข $2.16B in BTC and ETH options expire today at 08:00 UTC, so expect some volatility
โข BTC bounced back above $82K after Trump ruled out new strikes on Iran
โข Spot ETFs saw heavy outflows on Oct 7 (~$487M for BTC, ~$161M for ETH)
-- My take: $82.5K is the level to watch on $BTC . Holding it keeps the range alive. Losing it brings $80K back into play.
Bullish or bearish today? ๐
#Bitcoin #Ethereum #CryptoMarket
Not financial advice.
memzone's market update, Oct 9
$BTC : ~$82.5K (-0.5% in 24h)
Key levels: support $80K / resistance $84K
$ETH : ~$2,500 (-2.7% in 24h)
Key levels: support $2,450 / resistance $2,650
-- Today's key points:
โข $2.16B in BTC and ETH options expire today at 08:00 UTC, so expect some volatility
โข BTC bounced back above $82K after Trump ruled out new strikes on Iran
โข Spot ETFs saw heavy outflows on Oct 7 (~$487M for BTC, ~$161M for ETH)
-- My take: $82.5K is the level to watch on $BTC . Holding it keeps the range alive. Losing it brings $80K back into play.
Bullish or bearish today? ๐
#Bitcoin #Ethereum #CryptoMarket
Not financial advice.