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Bitcoin Price Encounters Key $80K Hurdle as Strive Acquires 6,182 BTC

Bitcoin Price Encounters Key $80K Hurdle as Strive Acquires 6,182 BTC

Photo: TronWeekly

Bitcoin price is trading around $80,500 while companies keep accumulating BTC, even though fading technical momentum and recent spot ETF outflows are making a sustained recovery difficult. Strive’s newest purchase boosts its corporate Bitcoin stash, yet BTC needs to break back above key resistance levels before buyers can build stronger upward momentum. As of press time, Bitcoin is changing hands at $80,514.14, a gain of 0.45% on the displayed daily candle, based on the TradingView chart provided. Bitcoin price is still below several significant technical levels after pulling back from its October highs.

Source: TronWeekly

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