Oct 5: Craig Cobb Sees a Critical Breakout Level
Bitcoin is pushing toward $87,000 as ETF inflows turn positive again and markets sharply reduce expectations for another immediate Fed rate hike following a weaker September jobs report. Craig Cobb says Bitcoin is approaching a critical technical level around $87,374, the high of the recently closed three-month candle. A sustained break above that level would reinforce the improving weekly trend and could begin establishing a cleaner daily uptrend, while Ethereum still needs to clear roughly $2,800 and much of the broader market remains in consolidation.
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