Bitcoin recovers to $82,200 after $6,000 drop in four days
- —BTC trades near $82,200 after hitting $80,200
- —Brent crude fell 0.77% to $103.48 a barrel
- —Bitcoin reclaimed its 50-week moving average
- —Market now prices a possible Fed rate hike in December
Why it matters: Reclaiming the 50-week average has historically marked the line between bear and bull markets, but high rates and oil prices remain headwinds.
Source: Newsbit