Bitcoin bull market hinges on $85K support and fresh buying: Bitfinex analysts
Bitcoin bull market hinges on $85K support and fresh buying: Bitfinex analysts
Bitcoin reached its highest price since Jan. 29 before pulling back toward a major buyer cost range.Bitfinex said U.S. spot Bitcoin ETFs drew $1.71 billion across Sep. 21 and 22.The analysts want profitable supply to stay above 75% during Bitcoin’s first correction.ETF investors are near break-even at $86,000, while corporate buyers’ average cost is about $80,500.