Bitcoin has recently regained strength and returned to the $80k level. On May 4, 2026, Bitcoin briefly surged to $80,594, hitting a three-month high since the end of January this year.



This strong rebound is not accidental but the result of multiple positive factors working together:

💰 Institutional funds continue to flow in
This is the core support force. U.S. spot Bitcoin ETF funds have continued to see large-scale net inflows, with a record high of $630 million in net inflows just last Friday (May 1). Meanwhile, on-chain data shows that “whale” addresses holding over 1,000 BTC have accumulated a total of 270k BTC over the past 30 days, marking the largest single-month buying record since 2013.

📜 Positive regulatory and legislative expectations
Market optimism about the advancement of U.S. cryptocurrency policies is increasing. U.S. lawmakers have reached a compromise on the Clarity Act, retaining a reward mechanism linked to usage behavior for key stablecoin yield provisions. This has cleared obstacles for the progress of cryptocurrency policies in the Senate and greatly boosted trader confidence.

📈 Market sentiment and short squeeze
Recently, Asian stock markets approached historic highs, and tech stocks exceeded expectations, showing a clear rebound in global investor risk appetite. When Bitcoin broke through the $80k psychological threshold, it triggered a chain reaction, with about $1.4 billion in short positions facing liquidation risk. Many shorts were forced to close (a “short squeeze”), further amplifying the upward momentum.

Currently, Bitcoin’s price is oscillating near the $80k mark. Market analysis suggests that if it can firmly hold above $80k, it will provide further upward momentum for the asset, with the next bullish target possibly around $85k; but if it cannot hold, it may retest the support zone between $76k and $77k.

Note: Cryptocurrency markets are highly volatile. The above information is purely an objective market overview and does not constitute any investment advice. Please make decisions cautiously. #美国寻求战略比特币储备 $BTC
BTC1.54%
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