UPDATED TUE 03 NOV · 17:17 UTCLIVE
MarketsMedium

Bitcoin range and post-selloff sentiment

After weeks of heavy selling, traders watch BTC liquidity levels around $75K–$85K. Prediction markets give a 74% chance of BTC above $80K this month, and some are calling for a rebound.

What we know

An account on X flags $75K and $76.2K below and $82.6K and $85K above. @CoinbaseMarkets RTs a 74% chance of trading above $80K this month. Another account on X expects $100k by EOY, while another account on X says a range or another leg lower is possible. Hedge funds also had a rough month: Another account on X reports both stock pickers and quants lost over 3% in October.

Sources

@CoinbaseMarkets

“Bitcoin now has a 74% chance of trading above $80,000 this month.”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.