Bitcoin Price Stalls at $80K as US Midterm Election, Fed Jitters Mount
Bitcoin remains rangebound near $80,000 after repeatedly facing resistance at $80,500, setting up October for potential net losses and spoiling what some traders hoped would be another positive “Uptober.” Pre-Election Caution and Macro Headwinds Weigh on Sentiment For the second consecutive day, bitcoin traded largely flat, repeatedly failing to break above the $80,500 resistance level […]
Key Takeaways
- Bitcoin remains rangebound near $80,000 after repeatedly facing resistance at $80,500, setting up October for potential net losses and spoiling what some traders hoped would be another positive “Uptober.” Pre-Election Caution and Macro Headwinds Weigh on Sentiment For the second consecutive day, bitcoin traded largely flat, repeatedly failing to break above the $80,500 resistance level […]
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