$BTC has recently reclaimed the psychologically significant $80,000 mark, fueled by strong ETF inflows and a broader "risk-on" sentiment in global markets. The chart shows a solid bullish structure as it successfully broke past the $79,000 resistance, reaching a local high near $81,717. Improved miner profitability and the liquidation of short positions have further accelerated this upward momentum.


Chart & Market Condition
The market is currently in a Bullish Expansion phase. Demand is heavily outweighing supply, supported by institutional accumulation. On the H1 chart, price is trending above the moving averages, indicating strong buyer control. However, the $81,000–$83,000 zone remains a critical resistance where some consolidation or minor profit-taking is expected before the next leg up.

Trade Setup: BTC/USDT (Long)
Entry Price: $80,800 – $81,100 (Wait for a retest of the $80k support)
Targets: T1: $82,500
T2: $83,800
T3: $85,000+
Stop Loss (SL): Below $79,200
$BTC #WCTCTradingKingPK #USSeeksStrategicBitcoinReserve #DeFiLossesTop600MInApril #btc
BTC1.47%
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