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Analysis & opinion

Bitcoin surpasses $80,000 amid massive $694M liquidation wave

Key takeaways Bitcoin (BTC) climbed above $80,200 on Thursday, extending its recovery after reclaiming the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs). US spot Bitcoin ETFs recorded $74.57 million in net inflows on Wednesday, ending three consecutive days of withdrawals. BTC faces its next major resistance at $85,000, while the 50-day EMA near $80,172…

MeoCrypto4 min read