Skip to the news
BetFury News
Friday 6 NovemberAdvertiseSources read

Crypto & Bitcoin

Bitcoin reclaims $80K – Why THESE signals threaten BTC’s price recovery

Reported by Muriuki Lazaro, AMBCrypto

Image: AMBCrypto

Bitcoin [BTC] has reclaimed the $80,000 level, which is sitting above the 100-week Exponential Moving Average (EMA). This indicates a potential shift from short bearish control to bullish as long as BTC remains above the EMA. The broader market is also green, with gains of about 2.38% on the day, with the total crypto capitalization approaching $2.70 trillion. On the charts, Bitcoin is trading above a bull flag that had been in place since late September 2025. The EMA is also trading above the 0.50 Fibonacci retracement levels, a confirmation that BTC is entering the premium zone.

This is an excerpt. The reporting belongs to AMBCrypto.

Read the full report on ambcrypto.com

Also carried by crypto.news, CryptoNewsLand

Pass it onXTelegramRedditWhatsApp