Bitcoin rebounds to $80,600 after weekend dip below $80K
- —US spot bitcoin ETFs saw $635.6M in outflows on Oct 22 and $137.9M on Oct 23
- —Combined two-day ETF outflows reached about $773.5M
- —Brent crude closed above $116 a barrel on Oct 23
- —Resistance sits at the 50-day SMA near $81,700, support at $78,400
Why it matters: The rebound looks technical: without fresh ETF inflows and with oil elevated, the risk of another drop below $80K remains.
Source: CoinDesk Japan