Bitcoin rebounds to $81,687 as Morgan Stanley strategist says most correction is over

Bitcoin approached $82,000 on Wednesday, extending a rebound after bid liquidity thickened around $79,000 and $80,000. South Korea's KOSPI index gained over 6% and the Nasdaq rose 1.1% on tech stock optimism. Morgan Stanley's Mike Wilson stated that most of the market correction is over after four to five months, while crypto analyst Rekt Capital compared BTC's current dip pattern to the 2022 bear market, noting the pair has yet to break above the $82,000 resistance level.