Bitcoin Set for $82K Targets as Morgan Stanley Calls Correction Near End

Bitcoin edged toward the $82,000 mark on Wednesday, trading around $81,687 as broader risk assets strengthened. The move came alongside a sharp rebound in South Korea’s KOSPI Composite Index, which rose more than 6% as tech stocks recovered from earlier October weakness. On the crypto side, intraday structure improved rather than deteriorated: hourly charts showed Bitcoin avoiding fresh lower lows, with bid liquidity reportedly thickening around the $79,000–$80,000 area. Analysts, however, remained cautious about what comes after the rebound—particularly because resistance near $82,000 continued to hold.