BTC has climbed from ~$76.6K to nearly $80K, but the key question now isnโt how high it can goโitโs whether real spot buying continues above $80K.
The short-term trend remains bullish, with $79Kโ$79.2K acting as support. ETF inflows and short covering are supporting the move, but $80K remains the major test.
If BTC breaks $80K with strong volume and holds $79Kโ$79.2K, the rally could extend. If it repeatedly fails despite strong inflows, caution is warranted.
$80K is now the real test of whether this rally has genuine strength. ๐๐