Bitcoin Rebounds Near $80,000 as Traders Price In Further Losses
Bitcoin recovered after falling to roughly $80,000, but traders are assigning higher odds to another decline before October ends.
Bitcoin regained ground after sliding to around $80,000 during a difficult week, according to Decrypt.
Despite the bounce, traders have increased the probability they assign to further Bitcoin losses before the end of October.
The recovery has therefore come alongside a more cautious trading outlook, rather than a clear shift away from expectations of additional downside.
Source: Decrypt
