Brothers, let’s chat about the current Bitcoin market situation and our outlook for what comes next.


This time, the CPI data is even hotter than expected. If it were back in the past, it would have been smashed with a sell-off; instead, Bitcoin stubbornly managed to hold steadily above the $80,000 level—its resilience is basically maxed out.
You have to know that this kind of negative data didn’t break the market. That matters more than the data itself: it’s clear the market had already digested the bad news in advance, and the support level is being held firmly. Right now, it’s down slightly by 1.4%, and is trading in a tight range around $80,682.
Big shots in the industry are also bullish about the next leg, saying that the macro-level resistance has basically been cleared. After that, there’s a real chance to push up to challenge the $82,000 resistance level, and then further test $85,000.
Plus, there’s another major piece of good news on the way—the Senate is about to vote on crypto-related legislation. If it passes smoothly, it could directly ignite the market, and there’s even hope of breaking through the $90,000 mark. Let’s just quietly wait for the market to build momentum and ferment. #Gate广场五月交易分享 #美国4月CPI上涨3.8% #Polymarket每日热点 $BTC $BILL
BTC-1.48%
BILL-3.92%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin