Bitcoin at $80K: What are the Critical Signals to Confirm a Bullish Breakout?
Bitcoin Bitcoin at $80K: What are the Critical Signals to Confirm a Bullish Breakout? The post Bitcoin at $80K: What are the Critical Signals to Confirm a Bullish Breakout? appeared first on Coinpedia Fintech News In the last 24 hours, Bitcoin (BTC) has repeatedly broken above the $80,000 psychological level, having abandoned it in January. The burning question in the market now is whether this marks a bullish reversal or simply a fakeout. How Bitcoin got to $80K Achieving $80K was triggered by a massive short squeeze. According to crypto market data and analytics platform CoinGlass, short trader liquidations totalled $199.32 million in the past 24 hours, Another contributory factor is renewed institutional interest in the flagship coin. This was evidenced by $629.8 million in spot Bitcoin ETF inflows on May 1 and $603.14 million on May 4. Even more, Strive recently acquired 444 BTC, bringing its treasury to 15,000 BTC and making it the 9th largest public corporate Bitcoin holder globally. Meanwhile, Strategy announced a temporary pause in its Bitcoin purchases to remain compliant with regulations ahead of its May 5 Q1 2026 earnings report. Treasuries & #ETFs Board. Crypto Accumulation and Capital Flows April closed as the strongest month of 2026, with approximately $1.97B in net #inflows