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Bitcoin at $84,000: ETF Flows, Bond Yields and Market Support
Bitcoin recently tested the $82,000–$82,500 area before buying interest helped it recover towards $84,000. High US bond yields and a stronger dollar can weigh on risk assets, including Bitcoin. Why has Bitcoin held up under these conditions? 1. There is strong buying in the $82K area. Buying interest has appeared near $82,000–$82,500, making this area a potential short-term support zone. Prices have fallen, but buyers are still willing to enter at lower levels. 2. Money from
Sep 302 min read
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