Search results for Axel Kibar
Crypto
Bitcoin holds $82,500 support as three key market drivers loom this week
Bitcoin is holding the weekly support level of $82,500, with attention turning to U.S. consumer and producer inflation data due this week ahead of the FOMC meeting. Markets expect September CPI and PPI to rise, while some analysts say softer readings could support crypto and other risk assets. Fed rate expectations, easing Treasury yields and lingering uncertainty over energy prices are also being watched.
Crypto
Bitcoin holds steady ahead of U.S. FOMC; where is the key support line?
Bitcoin is moving in a narrow $82,900 to $83,000 range and has entered a retest zone for $82,800 support. Market participants see the area as a key turning point for the crypto market through year-end. Analysts describe the pullback as a technical retracement after an autumn rally and say holding $82,800 could open a path to $90,000, while a break could send prices back toward a summer range. Caution is also building ahead of a U.S. Federal Reserve meeting on Oct. 27-28.
Crypto
Ethereum holds above $2,600 as markets watch for \'domino effect\'
Ethereum has held above the $2,600 psychological resistance level over the weekend, prompting views that it has broken out of a months-long sideways range. Markets are treating the move as a test of a possible trend change after it moved beyond the $1,800 to $2,000 zone seen this summer. Analyst Axel Kibar (악셀 키바르) said the breakout was strong but that a sustained follow-through move is needed.
