Bitcoin price eyes $82K as Morgan Stanley strategist says most of correction is over — SkimNews
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- Bitcoin extended an intraday rebound to $81,687 on Bitstamp, according to TradingView data, bringing the $82,000 resistance level into focus.
- CoinGlass data showed bid liquidity thickening around $79,000 and $80,000 as BTC/USD avoided new lower lows on hourly time frames.
- Rekt Capital said the weekly chart resembled 2022’s structure, leaving it unclear whether Bitcoin could build a new range above resistance around $82,000.
- Bitcoin had yet to discard a weekly “macro accumulation range” pattern between $60,000 and $80,000 on weekly time frames.
Why it matters: Bitcoin traders face a two-sided setup around $82,000: the rebound reached $81,687, but the weekly chart has not discarded its $60,000-$80,000 accumulation range. The weekly picture leaves a new range above resistance unresolved, so the market has not established a confirmed structural breakout.
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