
Bitcoin Holds Near $82,800 as Analysts Split on Direction
- —BTC ranged between $81,273 and $83,249, gaining about 1% on the day
- —Market cap near $1.66 trillion with 24-hour volume around $26 billion
- —Strategy added 267 BTC for $22 million, bringing holdings to 848,517 BTC
- —FINMA approved Switzerland's first retail spot Bitcoin ETF on October 20
Why it matters: Compressed volatility near $82,500 and steady ETF inflows leave the market poised for a decisive break above $84,000 or below $80,000.
Source: The Crypto Times