Bitcoin traders explain why BTC price could rebound toward $85K

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

Key takeaways:

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

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