Bitcoin price eyes $82K as Morgan Stanley strategist says most of correction is over
BTC when published $81,362Now $80,601 ▼ −0.94% since it was published
Bitcoin sought to rebuild support at $80,000 while Asian and US tech stocks extended a rebound into key corporate earnings releases. Bitcoin (BTC) approached $82,000 on Wednesday as South Korea’s KOSPI Composite Index gained over 6%. Data from TradingView showed BTC/USD extending an intraday rebound to reach $81,687 on Bitstamp. The pair avoided new lower lows on hourly time frames as bid liquidity thickened around $79,000, and $80,000, per data from CoinGlass. Crypto markets strengthened gradually as nerves over AI spending and debt financing eased. The KOSPI finished Wednesday’s trading session 6.6% higher, returning above 6,000 points for the first time since Oct. 14. The index’s week-to-date upside stood at 9.3%.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
