Bitcoin traders explain why BTC price could rebound toward $85K
The return of spot Bitcoin ETF inflows could fuel a Bitcoin price recovery, as signs of a potential rebound to $80,000 and $85,000 emerge.
Bitcoin (BTC) traded 5.5% above its nine-month low of $74,500 reached on Monday amid hopes of a rebound toward $85,000.
Key takeaways:
A “squeeze” toward $85,000 is in play as Bitcoin rebounds from multimonth lows.