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Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies | Bullish Bitcoin Price Analysis News | TrendWatcher

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Bitcoin Price Analysis

Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

Cointelegraph

1 day ago

Bullish

Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout.

Bitcoin (BTC) traders pushed the price to $77,400, but data suggests profit-taking may thwart the bull's goal of turning the $77,000 to $80,000 zone into support. Orderbook data from TRDR shows ove… [+1678 chars]

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Published

Friday, May 1, 2026 at 05:34 AM

Author

Cointelegraph by Antonio Oliveira

Source

Cointelegraph

Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

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