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Market Direction May 2026
Bitcoin re-tests the psychological level of $80,000. Currently BTC is at $81,378, up 0.93% in 24 hours, after it briefly corrected to $79,182 due to US-Iran tensions. f7221023
Market direction: Short-term bullish. A May close above $76,000 will serve as an official confirmation that the bear market is over. Spot ETF records stable inflows and whale accumulation of 270,000 BTC/month. f79d817e0420
Key resistance $82,800 - $84,000. If it breaks through, the target $85K - $88K terbuka. Strong support at $76,677. Be cautious: a negative funding rate could trigger a short squeeze. #Bitcoin #Crypto #GateSquareMayTradingShare