$🚀 #Bitcoin Market Update 🚀

📊 $BTC /USDT: $111,390 (+1.66%)

24h High: $111,530

24h Low: $109,189

Volume: 6,299 BTC / $692.51M

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✅ Positives

1️⃣ Technical Momentum – Strong bullish momentum with a MACD buy signal & high RSI, supported by rising trading volume.

2️⃣ Institutional Accumulation – BlackRock acquired 3,875 BTC ($63.9M), signaling accumulation despite volatility.

⚠️ Risks

1️⃣ Historical Price Pattern – Falling below $111,500 (Short-Term Holder Realized Price) has historically triggered ~10% corrections.

2️⃣ ETF Outflows – $9.03B net outflow from Bitcoin ETFs this week, signaling institutional withdrawals.

3️⃣ Increased Volatility – ATR & STDEV show potential for sharp price swings in either direction.

💬 Community Sentiment

Mixed Outlook – Many expect a bullish October, but critical levels like $111,500 remain key.

Caution on Corrections – Traders warn of pullbacks if BTC dips below STH Realized Price.

ETF Outflow Impact – Community views $9.03B ETF outflows as a bearish institutional signal.

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📌 Summary: Bitcoin shows strong momentum above $111K with institutional support, but ETF outflows and the $111,500 level are critical to watch. October historically favors BTC, yet caution on corrections remains.

🔥 Do you think BTC can hold above $111,500 and push higher, or will ETF outflows drag it down?

#Bitcoin #CryptoMarket #BTCUSDT #BinanceSquare #CryptoNews

$ETH

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