Bitcoin Rebounds to $80K as Institutions Accumulate and Bulls Return

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Bitcoin Holds $80K as Institutions Fuel Demand

Futures Recovery Signals Return of Risk Appetite

Altcoin Rally Likely as BTC Correction Ends

The Bitcoin correction is over. Very soon, analysts expect a strong move to begin, with altcoins likely to follow. Bitcoin has rebounded from a steep drop to trade near $80,000, signaling renewed buying interest after recent market weakness. Traders are now watching closely for signs of sustained recovery across the digital asset sector.

Bitcoin Market Stabilizes Amid Macro Concerns

Bitcoin experienced stabilization of its market capitalization to $1.5 trillion while its dominance reached 60%. This trend suggests that investors are favoring Bitcoin over other digital assets during uncertain times

According to Glassnode, Bitcoin futures open interest stands at $34.5 billion, recovering slightly from a low of $33.8 billion on April 3.Futures traders have reduced risk exposure in recent weeks, yet some are now returning. Crypto-margined futures open interest has increased from 19% to 21%, suggesting a renewed appetite for risk

This shift may add volatility but also indicates that traders are positioning for possible upside. Recent daily liquidations reached only $58 million, showing that leverage levels were relatively low before the selloff.

Investor Sentiment Turns as Institutional Entry Grows

While volatility remains, on-chain data shows continued growth in large Bitcoin holders. Over 76 institutions holding more than 1,000 BTC joined the network in the past two months, according to market data. This growth reflects steady institutional demand despite short-term price declines.

From a technical view, Bitcoin remains above its 200-week simple moving average, with analysts observing a falling wedge pattern—often linked to trend reversals. RSI indicators also show bullish divergence, while trading volume has decreased with each new price low. These factors may support a move higher.

With global economic uncertainty and higher interest rates in play, Bitcoin’s fixed supply narrative is gaining renewed interest. If trade tensions ease or monetary conditions shift, Bitcoin could lead a broader market recovery, with altcoins expected to follow.

The post Bitcoin Rebounds to $80K as Institutions Accumulate and Bulls Return appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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GateUser-549dbb1bvip
· 04-10 08:10
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