bitbank analyst: Bitcoin at $80K, focus shifts to US CPI and PPI
- —BTC trades near 13 million yen in Japan, with the dollar level at $80,000
- —The break above $85,000 proved false, with price retreating to $80,000–81,000
- —The $80,000 zone holds the Ichimoku base line, Bollinger −2σ and concentrated positive gamma
- —Outflows from spot Bitcoin ETFs weigh on sentiment and weaken dip-buying demand
Why it matters: Holding $80,000 will determine whether the correction ends; a breakdown opens the door to $75,000.
Source: CoinPost