Bitcoin holds $80K into weekly close as traders say BTC price dip not yet over
Bitcoin avoided a weekend drop as $80,000 stayed in place, but traders saw BTC price action dipping below before continuing higher.
Glassnode Insights·
BTC pushes beyond $80K toward key resistance near $85K, with bulls in control. ETF demand builds and shorts persist, but overhead supply may cap upside without stronger spot follow-through.
Read full articleBitcoin avoided a weekend drop as $80,000 stayed in place, but traders saw BTC price action dipping below before continuing higher.
The leader was quite obvious but let's break down the numbers.
Bitcoin continues to trade within a broader recovery structure following the strong rebound from the $60K region. However, despite the recent bullish momentum, the market has been struggling to reclaim a decisive resistance zone at the $80K region, where the next major directional move is likely to emerge. Bitcoin Price Analysis: The Daily Chart On […]
Bitcoin hovered near $80,901 on May 10, 2026, just after 8 a.m. ET, while maintaining a broader bullish market structure across the daily, four-hour, and one-hour charts. With price action trapped between stubborn resistance and resilient support, traders are watching bitcoin behave like a caffeinated cat pacing near a closed door, clearly plotting its next […]
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