#GateSquareMayTradingShare


BTC is trading around $81,379 with a strong recovery after weeks of accumulation. The market is up +4% (7D), +14.5% (30D), and +17% (90D). Total market cap remains near $1.63 trillion, with buyers defending the key $80k zone.

Institutional demand is a major bullish driver. U.S. Spot Bitcoin ETFs saw 5 consecutive weeks of inflows, with over $2.4B added in April alone. BlackRock IBIT continues leading inflows, while institutions like Morgan Stanley hold around 2,620 BTC (~$205M). Goldman Sachs is also moving toward Bitcoin ETF exposure, reinforcing long-term confidence in the $80k–$82k range.
Technically, BTC remains in a bullish structure.

Daily and 4H moving averages are aligned upward, and ADX confirms trend strength. However, short-term indicators suggest possible consolidation before the next move.
Key BTC levels: • Resistance: $82,600 → $84,000
• Breakout: Above $85k
• Support: $80k → $78.5k
• Deeper correction: $75k → $70k
Volume increased during the push above $81k, confirming real buying interest. Around $271M in short liquidations also supported the upward move.

Sentiment remains neutral-bullish with Fear & Greed near 47. Many models still project $90k–$100k if ETF inflows continue.
Overall structure stays bullish as long as BTC holds above $78.5k–$80k, with $84k as the next key upside target.
BTC-0.62%
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· 11m ago
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· 2h ago
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MasterChuTheOldDemonMasterChu
· 2h ago
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