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Bitfinex Eyes $84,400 Bitcoin Target Supported by Returning ETF Demand

Bitfinex Eyes $84,400 Bitcoin Target Supported by Returning ETF Demand

Photo: Crypto Economy

TL;DR Price Outlook: Bitfinex expects Bitcoin to trade between $81,300 and $84,400 ahead of the 28 October FOMC decision, with profit-taking potentially limiting upside near resistance. ETF Demand: Net ETF inflows totaled $526.7 million on 19 October, followed by another $23.2 million session, reinforcing the importance of institutional buying for a potential breakout above $84,000. ... Read more

Source: Crypto Economy

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