ETF inflows of $526.7 million meet a Bitcoin price of $82,708: the levels that decide before the Fed meeting

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin costs $82,708 on Wednesday morning after $526.7 million flowed into the US spot ETFs on Monday. October still leaves those funds in the red, and two moving averages frame the market until the Fed meets on October 28.A Bitcoin costs $82,708 on Wednesday morning, or 73,652 euros. On Monday, $526.7 million flowed into the US spot ETFs, the strongest day since September, and yet October is still negative for those funds. Two lines frame the market until the Federal Reserve decides on rates on October 28: the 50-day moving average at $81,679 below, and the 20-day average at $83,117 above. Overnight trading: the $81,273 low sat below the 50-day average Between Tuesday morning and Wednesday morning the price moved between $81,273 and $83,249. That is a range of $1,976, or 2.39 percent measured against the current level. The night was therefore far livelier than the three days before it, which we covered on Tuesday. Where the low sat matters more than the range itself. In our Tu...