Bitcoin could reach $93,000 if yields ease and inflation cools: Analyst
Bitcoin has gained support from a fall in October Federal Reserve rate-hike odds to roughly 23% from 64%, but a move toward $93,000 still depends on lower Treasury yields and stronger buying, according to Bitget Wallets research lead. Summary$90,000–$93,000 remains Zhangs conditional upside range if yields ease and inflation data supports weaker employment.October rate-hike odds fell to roughly 23%, according to the analysts Oct. 5 assessment.U.S. spot Bitcoin ETFs attracted about $2.65 billion in September, Zhang said.A daily or weekly close above $87,400 would help confirm a breakout, in her view. Lacie Zhang, Research Lead at Bitget Wallet, told crypto.news that Bitcoin needs sustained purchases to turn the relief from weaker U.S. employment data into a lasting advance. Despite supportive ETF flows, she said repeated failures to hold above $87,000 suggest sellers are still absorbing incoming demand. Bitcoin needs buying support to reach $93,000 In Zhang‘s assessment, easing Treasury yields and inflation readings that support September’s weak employment report could allow Bitcoin to extend toward $90,000–$93,000. Her forecast depends on both financial conditions and market demand, with neither lower rate expectations nor ETF subscriptions sufficient by themselves to confirm the move. The analyst identified roughly $87,400 as the price that buyers need to reclaim on









