Bitcoin (BTC) Price: Tight Bollinger Bands Hint at a Big Move as Bulls Defend $80K
Photo: CoinCentral
TLDR Bitcoin is trading near $82,663, up about 0.8% after last week’s dip below $80,000. U.S. spot Bitcoin ETFs lost $228.6 million last week, down from about $679 million the week before. BTC trades in a range between $79,676 and $87,397, with RSI near neutral at 51.35. Glassnode data shows more than 70% of supply in profit and limited holder capitulation. Markets await the Fed’s Oct. 28 decision, and Strategy faces a possible MSCI index removal. Bitcoin (BTC) is trading near $82,663 on Monday, up about 0.8% on the day.
Source: CoinCentral
