Markets· ★★★· neutral·

Bitcoin keeps bouncing off $80,000 as $84,000 breakout could open path to $87,000

  • —The $80,000 level has held multiple times since Thursday, with BTC trading above $82,700
  • —Addresses holding 1–100K BTC added about 50,000 BTC in October
  • —US spot bitcoin ETFs saw roughly $80 million in outflows in October after $2.7 billion of inflows in September
  • —Trading volume stands at $25.5 billion, about 1.5% of BTC's market cap
Why it matters: Holding $80,000 and clearing $84,000 would confirm the recovery, while a break below support risks a slide toward $76,000.
#BTC
Source: Cryptonews.net
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