Bitcoin Nears $82K as Wall Street Sees Correction Fading
Photo: 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.
Source: Bitcoinist
