【Old Wu Time】BTC stabilizes at $80k, is this just the last squat before "moon landing"?



Dear crypto friends, I am Old Wu.

Today is May 13, 2026. Looking at the flickering number on the chart—$81,045, I know many are struggling: should I take profits and exit, or double down?

Over the past half month, BTC has surged from $77,000 at the beginning of May all the way back to the $80k threshold, despite a few "false dips" along the way, even testing $79,000 at one point, but did everyone notice? The bottom support is rising with extreme determination.

Today, Old Wu combines the latest industry trends and data to thoroughly analyze why I believe the "explosive rise" has already been ignited.
1. Signal confirmation: Bull market enters the "accelerated phase"
Just yesterday, CryptoQuant issued a major signal: Bitcoin bull-bear cycle indicator has for the first time since 2023 shifted to an "early bull market." While some analysts are still cautious, the strong recovery of the 30-day moving average cannot be fooled. This is not just a rebound; it’s a qualitative change in market momentum.

2. Selling pressure exhausted, institutions are "locking in positions"
According to the latest holdings report (as of May 10), although retail investors are fearful of high prices, established institutions like Sentinum and ACG still firmly hold nearly 700 BTC and are actively increasing holdings through mining and market accumulation.
More importantly, 2026 is no longer a "year of correction." With spot ETF assets surpassing $120 billion, institutional allocations have become normalized. The simple logic now is: the rate at which institutions are buying has completely outpaced the new supply after the halving.

3. Washington’s "nuclear-level" positive news
The most concerned "Clarity Act" hearing is tomorrow (May 14)! The current sentiment is very optimistic.
Policy-driven: The call for a "National Bitcoin Reserve" in the US is growing louder, with Standard Chartered even reaffirming a target of $200k.
Personnel changes: Powell’s term as chair is about to end, and his successor is likely to be more friendly to the crypto industry.

4. The ecological explosion of "AI + crypto"
Recently, Sun Yuchen, Fu Sheng, and even the WLFI from the Trump family have been rushing into the AI relay track, which is no coincidence. When cryptocurrencies become the payment backbone for AI calls, BTC’s "value anchoring" property will evolve from a simple store of value to a settlement currency for global digital productivity.

Old Wu’s summary (usual disclaimer, not investment advice):
Right now, BTC is like a fully stretched bow. The $80k level is both a psychological barrier and a new launch pad.

Short-term view: tomorrow’s (May 14) bill hearing is critical; volatility will increase, beware of sudden moves.

Long-term view: as long as the $80,000 threshold holds firm, with no obvious resistance above, reaching $100k is only a matter of time.

"Be greedy when others are fearful, and be cautious when others are greedy." Are you still on the train? #美国4月CPI上涨3.8% #btc $BTC
BTC-1.17%
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