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Quiet Under $85K
Published Source: Glassnode InsightsRead original
Crypto Insight Summary: Bitcoin is back under the $84K-85K band it briefly cleared around the September high. ETF demand has faded, but each dip now realizes smaller losses, and volatility is back to summer 2023 levels ahead of the Fed decision on October 28. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETF demand decline and price dip below key support signal short-term weakness.