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Crypto & Bitcoin

Bitcoin Nears $82K as Wall Street Sees Correction Fading

Reported by Bitcoinist

Image: Bitcoinist

TLDR Bitcoin climbed to $81,687 on Wednesday, with bid liquidity thickening around $79,000 and $80,000. South Korea’s KOSPI jumped 6.63% as tech stocks rebounded from earlier October losses. Morgan Stanley’s Mike Wilson says most of the market correction is already over. Analyst Rekt Capital compares Bitcoin’s weekly chart to 2022, and $82,000 remains the key resistance. Bitcoin Rebounds Toward $82K Bitcoin pushed higher on Wednesday, reaching $81,687 on Bitstamp, according to TradingView data. The move extended an intraday rebound, and the pair avoided printing new lower lows on the hourly chart.

This is an excerpt. The reporting belongs to Bitcoinist.

Read the full report on bitcoinist.com
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