Bitcoin has seen a recovery, hovering above $81,000. However, there are hints of another potential price surge. The recent drop in price has led to whale accumulation, with over 65,000 BTC purchased. Valuation metrics suggest a deeper correction than usual, raising the possibility of a steeper correction. Meanwhile, U.S. Bitcoin Spot ETFs continue to experience outflows, with BlackRock and Fidelity offloading significant amounts. On-chain data suggests key support levels for Bitcoin at $79,270 and $69,450, while immediate resistance is expected at $84,296 and $86,753.



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