𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐉𝐔𝐒𝐓 𝐑𝐄𝐂𝐋𝐀𝐈𝐌𝐄𝐃 $𝟕𝟖𝐊 ⚠️🐋

$BTC pushed back above the important $78,000 level today, but there is one thing traders are watching closely:

📊 Spot demand still looks relatively weak.

Current situation:

🔶 Bitcoin reclaimed a key short-term resistance zone
🔶 Short liquidations are adding fuel to the move
🔶 Price can still squeeze higher despite weak spot buying
🔶 The $79.5K–$80K area is becoming an important zone

Possible scenarios:

📈 Short squeeze continues → move toward $79.5K–$80K

📉 Weak spot demand persists → higher probability of rejection and continuation lower

What matters most:

⚠️ Sustainable rallies usually need real spot buyers.

Without strong spot demand, moves can become heavily driven by leverage and liquidations.

𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐇𝐞𝐢𝐠𝐡𝐭𝐬 𝐕𝐞𝐫𝐝𝐢𝐜𝐭:

🐂 Bulls reclaimed momentum short term.

⚠️ But if spot buyers do not step in, the market could simply be setting up another liquidity trap.

$BTC #GateSquareMayTradingShare