Bitcoin is trading at $84,300, down 1.61% over 24 hours, after failing to hold above the $87,000-$87,400 resistance zone. U.S. spot Bitcoin ETFs recorded $89.8 million in net outflows on October 5, followed by $118.8 million in net inflows on October 6, while 24,073 BTC left centralized exchanges on October 5. Gold has pulled back toward $4,130 and remains below its key moving averages, while Bitcoin is holding above its 50-day average after a stronger recent recovery. The FOMC meeting on October 27-28 is the next major policy catalyst, with rate-cut expectations influencing investor positioning amid inflation concerns.
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