Deribit CCO: BTC must top $85K to resume long-term uptrend

Deribit's Chief Commercial Officer (CCO) stated that Bitcoin must surpass $85,000 to restore its long-term uptrend, CoinDesk reported. He added that if Bitcoin closes below the key support level of $60,000, the next significant price point would be its 200-week simple moving average near $58,000.