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Bitcoin Reclaims $80,000 as Daily Chart Breaks Above Trendline
Bitcoin reclaimed $80,000 for the first time since January 31 after bouncing from the $75,000 area and breaking above a descending trendline on the daily chart. The setup points to $85,000 as the next resistance, but the 4-hour chart still shows a possible rejection that could send BTC back toward $75,000.