Bitcoin price loses $82,000 after hot CPI: Can $80,000 support hold?
BTC when published $81,924Now $80,577 ▼ −1.64% since it was published
Bitcoin price has fallen below $82,000 following a hotter-than-expected U.S. inflation report, while its daily chart still places the Supertrend support line below the market near $79,664. Bitcoin price traded near $81,900 after retreating from a daily high above $84,100. U.S. annual inflation rose to 3.7% in September, exceeding the 3.6% forecast. Daily Supertrend stood at $79,663.52, while Aroon readings favored recent downward price action. Lennart Snyder outlined downside targets at $81,400 and $80,300 after shorting near $82,800. TradingView’s Binance BTC/USDT daily chart showed Bitcoin at $81,830.60 on Oct. 14, down 1.61% from the session’s opening price of $83,169.01.
First reported by crypto.news. This page is a short excerpt; the full text is theirs.
