K33 says bitcoin has bottomed, but rally above $87K remains unconfirmed
- —K33 recorded the largest daily inflow into bitcoin ETPs since November 2024
- —Near-term resistance sits at $87,000–88,000, with $90,000 as the next target
- —Nexo flags falling volumes and rising leverage as a risk to the rally
- —Fundstrat's Tom Lee says a new crypto bull market began in late June
Why it matters: Holding $85,000 and breaking $88,000 opens the path to $90,000, while a rejection risks profit-taking and a pullback.
Source: Bloomingbit