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Bitcoin tops $80k as $694m liquidation wave fuels recovery toward $85k

CoinJournal·November 5, 2026·1 min read
Bitcoin tops $80k as $694m liquidation wave fuels recovery toward $85k

Bitcoin (BTC) climbed above $80,200 on Thursday, extending its recovery after reclaiming the 50-day, 100-day, and 200-day EMAs. US spot Bitcoin ETFs saw $74.57 million in net inflows on Wednesday, ending three days of withdrawals. A $694 million liquidation wave fueled the move, with next resistance at $85,000.

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