
GM Brothers and Sisters ✅Bitcoin Price: Fighting to Hold $80,000 Support BTC started the week defending the $80,000 psychological level. Over the weekend it briefly dropped to around $79,145, liquidating nearly $150 million in long positions in a short time. The $80,000 support failed on lower timeframes. There is a bid wall around $79,300 and sell orders clustered near $81,000. If the monthly candle closes near current levels, October will finish down about 4%, marking a second consecutive red October. This breaks the historical “Uptober” average of roughly +26% since 2010. Analyst Benjamin Cowen called the recent push to $87,000 a “fakeout” and expects continued weakness into year-end. Key resistance sits around $87,000. ✅Federal Reserve and Macro Data: Markets Expect Rates to Stay Unchanged This Week At Wednesday’s FOMC meeting, markets are pricing over 90% odds that the Fed will keep rates in the current 3.75–4% range. Consensus points to a 0.25% hike in December. Brent crude has cooled from last week’s high near $117 to around $110 per barrel. Economist Robin Brooks believes even a further rise in oil prices is unlikely to force the Fed to change course, giving Chair Kevin Warsh a temporary reprieve. Thursday brings the PCE inflation index and U.S. Q3 GDP. ✅Equities and Earnings: Tech Stocks and AI Sentiment Under Pressure South Korea’s KOSPI closed down 1.5% on Monday after earlier touching levels not seen since late July, reflecting tech-stock selling and foreign capital seeking safety. This is a heavy week for U.S. tech earnings: Microsoft and Alphabet report after the close on Wednesday; Amazon and Intel report on Thursday. Roughly 20% of S&P 500 companies will report during the week. The Nasdaq closed Friday at its lowest daily close since early August amid ongoing concerns over AI capital expenditure versus returns. ---------------- Plan accordingly & Choose wisely ✨May your life radiant with Bitcoin✨ bitcoin:native

