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QCP: $82,000–$83k will be the key watershed for the continuation of BTC's short-term upward trend
Mars Finance News, QCP Capital published an analysis pointing out that Bitcoin performed steadily in April and continued its strong trend in early May, with the price breaking above the $80k mark for the first time since January 31. In the context of Strategy suspending Bitcoin purchases this week, BTC still achieved an increase, indicating that market momentum is no longer solely dependent on the “HODL narrative,” but is gradually shifting toward broader capital support. Spot ETF capital inflows remain an important positive factor, with approximately $163 million net inflow recorded last week. The key for the market moving forward is whether BTC can effectively hold above the CME gap range of $82,000 to $83,000, which will serve as the critical watershed for the continuation of the short-term upward trend.