Bitcoin price eyes $82K as Morgan Stanley strategist says most of correction is over
Summary
Bitcoin tried to regain momentum near the $80,000 level alongside a broader recovery in Asian and American technology stocks. A Morgan Stanley strategist indicated that the cryptocurrency's recent downward price movement has largely concluded, setting the stage for a potential move toward $82,000.
Bitcoin sought to rebuild support at $80,000 while Asian and US tech stocks extended a rebound into key corporate earnings releases.
Source: Read the full story at Cointelegraph.com News
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.