Why Bitcoin Price May Bounce Back to $85K

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The return of spot Bitcoin ETF inflows could fuel a Bitcoin price recovery, as signs of a potential rebound to $80,000 and $85,000 emerge.

Bitcoin traded 5.5% above its nine-month low of $74,500 reached on Monday amid hopes of a rebound toward $85,000.

A “squeeze” toward $85,000 is in play as Bitcoin rebounds from multimonth lows.

The return of spot Bitcoin ETF inflows could fuel BTC price recovery in the short term.

Can BTC price rebound toward $85,000?

Bitcoin bulls fought to secure the recent recovery to $78,000 as traders hoped that further BTC price gains would follow.

Bitcoin “created a massive CME gap this weekend,” analyst Daan Crypto Trades said in a Monday post on X.


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