Bitcoin price eyes $82K as Morgan Stanley strategist says most of correction is over
Summary
Bitcoin rose to $81,687, approaching $82,000, as South Korea’s KOSPI gained 6.6% on the day and 9.3% week-to-date. Buyers appeared around $79,000 and $80,000, while easing concerns about AI spending and debt financing supported markets. Analysts said Bitcoin faces resistance near $82,000 and may still be trading within a $60,000–$80,000 accumulation range, with its weekly pattern compared to the 2022 bear market. Markets expected the Federal Reserve to hold rates at 3.75%–4%.
