Bitcoin Whipsaws From $62.3K Scare To $73K: $80K Next?
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Bitcoin’s (BTC) latest swing has been violent even by its standards: after flirting with a widely watched support zone near $62,300, the price pushed back to around $71,000 as exchange-traded fund flows appeared to flip from heavy selling to fresh buying. The move left traders split over whether this was a clean reset after an outflow shock or simply a sharp bounce inside a still-fragile market. One Big Corporate Buy Changes The Tone.. In the earlier leg of the move, market chatter centered on ETF redemptions that some industry reports put at roughly $9 billion over a recent stretch,
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