Spot Demand Helps Bitcoin Reclaim The $81,000 Mark

1h ago•

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bearish:

A gigantic personified Bitcoin has just forcefully pulled itself onto an imposing metal platform marked simply 81000. It occupies about two-thirds of the image. One hand is still gripping the edge of the platform while it already places a knee on top: the crossing is clearly successful. Behind it, beneath the platform, an enormous metal spring can be seen having just uncoiled, symbolizing the hypothesis of a simple rebound. However, before Bitcoin appears an unexpected element: the platform progressively transforms into a wide, solid ramp that continues upward, bathed in a bright orange light. Bitcoin looks at this road with an expression blending surprise and determination.

Bitcoin has just marked a new reversal. A few days after a drop below 75000 dollars, the leading crypto rebounded to 81636 dollars, its highest level since September 4. Indeed, this recovery comes after a week marked by the failure of the CLARITY Act, Federal Reserve decisions, and new regulatory signals from Washington. Behind this increase, another phenomenon grabbed attention: the return of spot demand was accompanied by a massive liquidation of short positions.

L’article Spot Demand Helps Bitcoin Reclaim The $81,000 Mark est apparu en premier sur Cointribune.

1h ago•

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