📰 【Multiple data points indicate the market has shifted back to bullish, Bitcoin could rise to $80k】


BlockBeats news, on May 2nd, multiple data suggest $80k as Bitcoin's next target. Bitcoin rose 2.52% on Friday after holding support above the 100-day exponential moving average (100-EMA). At the same time, spot market buying volume increased, with the cumulative volume delta (CVD) reaching 11,500 BTC, the highest level since February 17th. Bitcoin futures activity is also heating up, with open interest rising 6.64% to 257,000 BTC, indicating new positions are being established. After testing the daily trend over the past two days, Bitcoin rebounded from the 100-EMA. This move pushed the price up 2.52% on Friday...
Fuck my brother! These data make my blood pressure skyrocket! CVD soaring to 11,500 BTC, is this whale trying to wash out the shorts to death? Open interest jumping 6.64%, new retail investors finally realize it's time to get in, right? $BTC Bouncing off the 100-EMA like taking Viagra, next target $80,000? Holy shit! My position is already full, anyone try to stop me, I’ll go all-in and fight! But if they dare to dump the market this wave, I’ll go all-in to buy the dip!
BTC0.27%
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