
Bitcoin rebounds to $84,000 in 'Sundaypump' after sliding to $80,000
- —BTC rose over $1,000 in hours to hit $84,000
- —The coin had fallen from $87,000 to $80,000
- —CryptoQuant analyst cited liquidity above price and spot buying
- —Spot bid/ask ratio climbed to about 0.3 during the rebound
Why it matters: The bounce does not confirm a trend reversal; its durability depends on whether spot demand keeps up.
Source: Siam Blockchain