Bitcoin bull market hinges on $85K support and fresh buying: Bitfinex analysts

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Bitfinex analysts say Bitcoin’s bull-market structure depends on holding roughly $85,000 as support and attracting renewed spot demand. A sustained defense of that level could preserve bullish momentum, while a decisive break would raise the risk of deeper losses and signal weakening market conviction. Fresh buying is therefore critical for Bitcoin to resume its advance rather than consolidate or reverse.

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