Bitcoin Price Analysis: BTC Blasts Past $84K – Is $90K the Next Target?
Bitcoin is pushing back toward $86K after buyers defended the $80K short-term demand zone once again, with BTC trading close to $85K. The rebound comes as markets price in roughly a 25% chance of another Fed hike at the late October meeting, following September’s quarter-point increase. Meanwhile, the NVM Ratio has climbed to its highest […]
Bitcoin rebounded after buyers defended the $80K demand zone, pushing back toward $86K and trading near $85K. Markets are pricing roughly a 25% chance of another Fed hike at the late October meeting following September's quarter-point increase, while the NVM Ratio has climbed to its highest level. Traders will watch whether BTC can hold the $80K support and convert the rebound into a run at $90K despite tightening macro conditions.
