🔗 Crypto & Blockchain

Bitcoin's $80K April Tease: Charts Bullish, But Sellers Lurking

Bitcoin hit $73,300 Friday, shattering bear patterns. Traders bet on $80K April — but Glassnode sees distribution ahead. Is it a trap?

Bitcoin daily chart showing breakout above $73K with $80K target projection

⚡ Key Takeaways

  • Bitcoin broke $73K, invalidating bear pennant with volume. 𝕏
  • On-chain data warns of $80K seller resistance from STHs. 𝕏
  • Polymarket odds at 26% for $80K April; charts target $87K but history cautions. 𝕏
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Originally reported by Cointelegraph

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