Markets· ★★★· neutral·

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