$81,000 Bitcoin, do you want to chase?



Institutions bought over $2.4 billion worth in a week, ETF cumulative inflows approaching $60 billion, MicroStrategy adding 535 more — but just now, amid geopolitical tensions + CPI eve, the price dropped from $82.4k back to $80.4k, RSI fell into oversold. Is this wave the last dip before the bull market starts, or are the big players taking profits on the news?

First look at the surface: the bottom is rising, funds are entering.

Last week, Bitcoin posted its strongest weekly candle in 2026, rising from around $75k to $82.4k, nearly a 10% increase. Market cap is $1.62 trillion, with a surge in 24-hour trading volume. The candlestick shows: a rebound confirmed at the lower boundary of the downtrend channel, MACD golden cross signal appears, and on the weekly level, strength quietly emerges amid an atmosphere of disbelief.

First thing: institutions are aggressively accumulating.

US spot Bitcoin ETF net inflow totals +$59.8 billion, with $2.44 billion inflow in April alone, the strongest month in 2026. The daily purchase volume by giants like BlackRock is 9-12 times the daily output of miners.

MicroStrategy bought another 535 BTC, holding a total of 818k BTC, with an average cost of $75,540.

Exchange spot supply is at its lowest since 2019, long-term holders control 75% of circulating supply.

Second thing: the supply shock after halving is just beginning to show.

After the 2024 halving, new coin issuance per day has been cut in half. ETF daily absorption is 10 times the mining output. The amount of BTC available for purchase on the market is decreasing.

Third thing: a key technical signal has appeared.

After spiking to $82.4k over the weekend and pulling back, a long upper shadow formed, RSI entered oversold, and short-term moving averages were broken. Geopolitical conflicts (Iran situation) pushed oil prices higher, and CPI data is about to be released tonight — historically, BTC tends to rally after 4 out of 5 CPI releases, but will this time be different?

On one side:

- Institutional ETF continues net inflow, strongest in April

- Supply at 2019 lows, long-term holders locking in 75%

- Weekly strongest bullish candle, MACD golden cross

- MicroStrategy and other companies keep adding

On the other side:

- Resistance at $82.4k, pullback, RSI oversold

- Geopolitical tensions + CPI uncertainty

- Short-term bearish momentum strengthening

- Are you still afraid it will fall back to $70k?

Key level: $80k, the last line of defense for bulls and bears.

Resistance above: $82k–$83,500 → $85k–$90k

Support below: $80k (psychological + weekly) → $77,000–$79k (bullish support zone) → $75k (iron bottom)

Short-term traders:

Wait for a pullback to $79k–$80k before entering, stop-loss at $78k (exit if broken), first target to take half at $82.5k. Break above $82.5k, chase longs, stop-loss at $80k, aiming for $85k–$90k. Tonight’s CPI release could either push straight to $85k or pull back to $78k to give you a chance to buy in.

Swing traders:

Wait for the daily close above $82k before entering, use dynamic take-profit to hold, target $90k–$100k, don’t get shaken out by manipulation.

Long-term believers:

Invest in batches below $80k. End-of-2026 target $90k–$120k, optimistic at $150k. ETF + halving + institutional bull run, retail FOMO has not fully kicked in yet. But remember — if it drops below $78k, reduce positions; if it breaks $75k, fully exit and wait on the sidelines.

Bitcoin now is like gold at the end of 2020 —

Everyone thought “it’s risen too much,” but institutional demand pushed it from $80k to $120k.

At $80k, looking back a year later, you’ll thank yourself for not panicking and selling today. #Gate广场五月交易分享 #比特币波动 $BTC $ETH
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