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Bitcoin corrects below $82K after Tesla Q3 results, KOSPI falls

Picture: Cointelegraph

Bitcoin reversed a run toward $85,000 after Tesla reported lower-than-expected capital expenditure in Q3. Bitcoin (BTC) fell nearly 3% on Thursday after an attempt to break higher was rejected near $85,000. Data from TradingView showed BTC/USD retracing around Wednesday’s daily close, subsequently returning below $82,000. The pair gave back the entirety of the gains made on that day, when price peaked at around $84,840 on Bitstamp. Higher-than-expected US corporate earnings had helped spark a rally in both crypto and stock markets.

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