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Bitcoin's $80K price level is back in focus as bulls look for a rebound of $94K Bitcoin may make a local bottom around $80,000, with this range acting as a significant rallying zone for larger investors. Despite bearish sentiment among retail traders, the market is showing signs of reduced selling pressure and renewed buying interest, pointing to a possible recovery towards $94,000. Differences in exchange flow data indicate that retail inflows to Binance are at a six-month high, while whale deposits have declined, highlighting different behaviors between retail and larger holders.

CryptoPotato · Crypto · · Source

🇦🇪 UAE · דובי · Map

Bitcoin's $80K price level is back in focus as bulls look for a rebound of $94K Bitcoin may make a local bottom around $80,000, with this range acting as a significant rallying zone for larger investors. Despite bearish sentiment among retail traders, the market is showing signs of reduced selling pressure and renewed buying interest, pointing to a possible recovery towards $94,000. Differences in exchange flow data indicate that retail inflows to Binance are at a six-month high, while whale deposits have declined, highlighting different behaviors between retail and larger holders.

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