Bitcoin Targets $82K as Tech Stocks Extend Recovery
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin worked to regain support at $80,000 as technology shares rose, while a Morgan Stanley strategist said most of the correction was likely over.
Bitcoin was attempting to reestablish $80,000 as support, with $82,000 emerging as a potential recovery target, according to Cointelegraph.
The move came alongside further gains in Asian and US technology stocks ahead of major corporate earnings announcements.
A Morgan Stanley strategist said the bulk of the correction was likely behind the market. Bitcoin’s effort to regain support remained ongoing.
Source: Cointelegraph
