Why Did Bitcoin's Latest Rally Stop Near $84,000?

Why did Bitcoin's latest rally stop near $84,000?

Bitcoin price has rebounded toward $84,000 on October 13 despite a steep selloff in South Korean equities, but weak ETF demand and heavy selling orders near resistance have prevented buyers from pushing higher. According to TradingView data, Bitcoin (BTC) was…

Bitcoin recovery contrasts with Korean stock market slump

South Korea’s chipmakers lead another sharp selloff as concerns over AI spending and Chinese competition grow, while bitcoin holds well above its summer lows.

Bitcoin Battles $84,000 Sellers Amid South Korea’s Tech Sell-Off

Bitcoin bulls attempt to shake off a new South Korea tech sell-off as sellers keep BTC price contained below $84,000.

Bitcoin Holds Near $84,000 as Strong US Dollar Limits Gains

Bitcoin remained near the $84,000 level on Tuesday as US stocks recovered from early losses following a sharp sell-off in South Korea’s technology sector. However, rising US dollar strength and elevated bond yields continued to weigh on the cryptocurrency’s potential upside. Bitcoin (BTC) traded near $83,800 at the start of the US trading session, maintaining […]

KOSPI drops over 5% as chip sell-off spreads fear

South Korea's KOSPI index plunged over 5% on a chip sell-off, yet Bitcoin held near $83,484. We break down the risk-off threat and what traders should…

Bitcoin keeps up pressure on $84K as US stocks skirt Korea tech sell-off

Bitcoin price action preserved overnight gains as US stocks quickly rebounded after opening lower on the back of Korea’s tech-stock rout.Bitcoin (BTC) continued to target $84,000 at Tuesday’s Wall Street open as US stocks attempted to shake off South Korea’s latest tech rout.Key points:Data from TradingView showed BTC/USD returning to near $83,800 at the start of the US trading session, preserving much of its overnight upside.