Bitcoin reached $81,687 on Bitstamp on Wednesday, while South Korea’s KOSPI Composite Index rose 6.63%. Bitcoin’s rebound came as bid liquidity thickened around $79,000 and $80,000, according to CoinGlass data. The KOSPI was up 9.3% for the week.
Analysts remained unsure where Bitcoin would form its next trading range. Resistance near $82,000 held, and trader Rekt Capital said the weekly chart had not ruled out a broader range between $60,000 and $80,000.
