✉news BusinessCrypto first seen 23 h ago, last 13 h ago, peak #4
Bitcoin's $85,000 recovery hinges on ETF buying after payrolls
Original: Bitcoin’s $85,000 recovery awaits proof that ETF investors kept buying after payrolls
Bitcoin is working toward a recovery toward $85,000, but analysts say the move needs confirmation that spot ETF investors continued buying following the latest US payrolls report. Until fresh ETF inflow data shows sustained demand, the price rebound is viewed as unproven, with market participants watching fund flows as the key signal for the next leg up.
Why now: Traders are waiting on ETF flow data after the jobs report to see if institutional demand supports the price recovery.
BitcoinUS spot Bitcoin ETFsUS payrolls report
Evidence
- Bitcoin’s $85,000 recovery awaits proof that ETF investors kept buying after payrolls · cryptoslate.com
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