A crypto market analyst has shared the key levels to watch as Bitcoin (BTC) confirms a key level as support for the first time in months, opening the door to a continuation of its April recovery rally. Related Reading: This Signal Has Predicted Every Bitcoin Bottom, Here's What It's Saying Now Bitcoin EMA Reclaim Signals More Upside Potential After closing the week above a crucial level, Bitcoin jumped 2.2% to break above the $80,000 resistance for the first time since January.
Bitcoin trades near $81K as Ali Charts targets $83K resistance, with ETF inflows, whale buying and weak on-chain activity shaping the rally.
The last three weekly MACD crossovers on bitcoin's chart produced gains of 147%, 75%, and 35%, respectively.
On May 4, 2026, GameStop put forth a proposal to purchase the e-commerce giant eBay for $55.5 billion. The non-binding offer establishes eBay's valuation at $125 per share through a structure combining cash and GameStop equity in approximately equal portions.
Bitcoin broke through the $81,000 threshold during Tuesday's Asian trading window, posting its strongest performance since the closing days of January. The advancement followed a temporary decline Monday connected to controversial Iranian missile assertions.
Falling supply and rising leverage may be behind the next move.
Bitcoin climbed above $81,000 on Tuesday for the first time since January, powered by $2.44 billion in April ETF inflows, geopolitical relief following the U.S.-Iran de-escalation, and a short squeeze that sent leveraged bears scrambling for the exits.
Bitcoin is stabilizing above the $80,000 level, but the broader market tells a more uneven story.
Bitcoin is rallying alongside inflation signals, defying the traditional macro playbook.
Bitcoin's surge highlights its growing role as a refuge in geopolitical crises, potentially influencing future investment strategies. Bitcoin surges past $81,000 amid US-Iran tensions, reinforcing safe-haven status.
Bitcoin surged to $81,300 on Monday, establishing a three-month peak and crossing the psychologically significant $80,000 threshold for the first time since the final day of January. This advance followed a five-day upward movement of 5.5% and capped off an impressive April performance that delivered approximately 12% gains.
Bitcoin's May setup is drawing fresh attention after two consecutive green months, with Trader_XO pointing to seasonality data that leaves BTC on the edge of a rare three-month streak. The question is whether the historical pattern has real market weight this time, or whether the latest geopolitical shock has already complicated the signal.