Bitcoin: Rate Odds Fall Sharply With BTC Flat
Bitcoin: Futures-implied October hike odds drop from 72% to 25% while BTC gains just 1.7%. Technical confluence on 4h chart shows price at $85928.97 testing resistance.
SourceAnalysis
Bitcoin stayed nearly flat as futures-implied hike odds for October collapsed from 72% to 25% and December odds eased from 85% to 73%, with BTC rising only 1.7% during the period according to Binance Research.
Price sits at $85928.97 testing upper Bollinger resistance at $85533.27 while RSI(14) at 68.05 remains neutral and MACD confirms bullish golden cross; a healthy retracement toward EMA50 support at $83826.41 appears probable before further upside in this BTC price prediction setup tied to Bitcoin correlation with interest rates and broader crypto market reaction to Fed policy.
Binance Research
@BinanceResearchAs the official research arm of Binance, this account publishes institutional-grade analysis and in-depth reports on digital assets, blockchain ecosystems, and Web3 technologies. The content delivers data-driven insights into market trends, protocol developments, and macroeconomic factors influencing the cryptocurrency industry.
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