Bitcoin Price Reclaims $80,000 Amid Surging ETF Demand, Positive Iran News


The price of Bitcoin to cross $80,000 by the end of Sunday until today, sending a brief profit of 2% in 24 hours to reach the level of $80,750 – analysts describe it as a major point of opposition that has changed for support.

The move brings a 15-20% recovery from February lows, and puts the price of bitcoin inside what chart watchers call a critical magnetic zone: a price group where long-term trendlines converge and bear the history of initiating a directional move. The central question is whether Bitcoin can stay above $80,000 and increase the profit to $86,000, or if the resistance will confirm again and drag the price into the $70,000s.

April recovery picked up the establishment of fingers. Bitcoin ETF sales hit $1.97 billion in inflows during the month, reversing the losses of the previous two weeks and confirming that the investment fund is making a strong comeback.

US spot Bitcoin ETFs recorded a fifth straight week of inflows, totaling $153.87 million last week, according to SoSoValue. data.

The value of bitcoin the establishment of the Golden Cross in the middle of political events

The technical background adds weight to the bullish case. The Golden Cross is forming on the daily chart – a pattern that occurs when the 50-day moving average moves above the 200-day moving average, indicating that the increase in frequency exceeds the trend. This strategy has a long history of stable bull market in bitcoin price

The cross is not confirmed, but the short-term move is rising to the long-term, with confirmation possible within days if BTC holds its current performance. The trend is showing resistance at $80,000 or above $86,000. The whale collection data adds weight: $500 million in BTC was taken between the bitcoin price of $75,000 and $78,000 in 48 hours, corresponding to a 12% volume increase.

The meeting was held in protest of the misunderstanding that has also occurred in the political arena. President Trump he announced “Project Freedom” on Truth Social on Sunday – a way to control cargo ships that were blocked by the closure of the Strait of Hormuz, and the work is supposed to start on Monday.

Iranian President Ebrahim Azizi he warned that US intervention in the crisis could be seen as a violation of the ceasefire, while Trump said his representatives were “in very good negotiations” with Iran.

As the US-Israel-Iran military operation – which began with “Operation Epic Fury” in February 2026 – continues to exceed its four-to-five-week duration, Bitcoin has shown a negative correlation with gold and gold. Investors are seeing the economy as a flight to digital security amid geopolitical risks, a momentum that has intensified as Brent crude rose to around $108 a barrel.

The price of bitcoin has increased by almost 20% since the start of the US-Israel-Iran conflict, as the easing of international fears and renewed hope for US stablecoin regulations raised the price. Markets predict BTC prices with a 99.8% chance of being above $66,000 on May 6 and 7, a picture that shows the structural impact of Bitcoin’s recent move – although the $79,537-to-$80,000 range is still being watched by analysts.

Strategy stops buying bitcoin

Other news, Strategy (MSTR) he paused his usual purchase of bitcoin ahead of his upcoming report, which shows a change in the trend in the capital markets.

The company, which has approximately 818,334 BTC, remains the largest public asset, and recent purchases have been fueled by the stock release and the high yield of STRC preferred stock. Investors are increasingly concerned about the strategy’s investment and expected losses in bitcoin accounting, despite expected revenue growth year over year.

Meanwhile, the stock has risen more than 10% in two days, boosted by rising bitcoin prices and renewed interest following Michael Saylor’s Bitcoin 2026 keynote.

At the time of writing, the price of bitcoin is above $80,000.

the price of bitcoin



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *