#btcrebounds80k Bitcoin has staged a sharp recovery, climbing past $80,000. The price dropped to $75,600 after the U.S. election results created market worries. However, clear election outcomes quickly removed fear and brought buyers back.
Institutional traders pushed the rebound by purchasing over $230 million in call options. This price spike triggered $380 million in short liquidations within a single hour. Traders are now watching the $80,000 to $82,000 resistance level to see if this rally continues.
$BTC $ETH
$SOL
Institutional traders pushed the rebound by purchasing over $230 million in call options. This price spike triggered $380 million in short liquidations within a single hour. Traders are now watching the $80,000 to $82,000 resistance level to see if this rally continues.
$BTC $ETH
$SOL
