The Bitfinex Alpha report states that Bitcoin has stabilized after hitting $81300, and whether it can break through $84500 in the future depends on US CPI data and spot buying. BTC had previously fallen from its high of $87200 on October 2nd, and on October 8th, a leveraged position of $1.18 billion in the market was liquidated. The current average cost for Bitcoin ETF investors is about $84300, which poses short-term rebound pressure.
