Bitcoin nears $80,000, but analysts say the next pullback will be key

Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves.

Bitcoin has climbed about 27% over the past month and is now testing the $80,000 level after a sharp rebound.
Analysts say a pullback or consolidation would be healthy, with the $75,000-$76,000 area among the key levels to watch.
Hashdex CIO Samir Kerbage says a sustained break above $83,000 could put $100,000 in play because historical trading volume between $80,000 and $90,000 is thin.

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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.