BTC price faces $79,537 resistance as traders watch $77,115 support for the next Bitcoin move.
Bitcoin is still bullish above its 7-day and 30-day moving averages, and its dominance is over 60% after a 1.1% weekly gain.
Warren Buffett warned investors are in a gambling mood, targeting one-day options, risky speculation and crypto-style trading at Berkshire.
Despite price recovery, why are traders, analysts, and on-chain metrics all sending mixed signals for the upcoming Bitcoin movement?
Bitcoiners say Satoshi's coins should remain untouched as quantum fears grow, while developers study future-proof Bitcoin security fixes now
Bitcoin wrapped up April with an impressive 11.87% monthly advance, representing its most robust performance over the past 12 months. The digital asset began the month trading around $66,000 before climbing to approximately $78,000 by month's end, per CoinMarketCap tracking.
The market was not betting on continued bullish momentum for Bitcoin, although a short squeeze toward $82k remained viable.
However, Trump said he couldn't imagine it was a good proposal
Bitcoin entered May trading above $78,000, a price level that, while modest compared to last year's peak, carries a weight relative to its price action in the previous two months.
Despite being the best-performing month in the past 12 months, it still came in slightly below its historical average, according to CoinGlass data.
Alex Thorn outlines shared positions on Satoshi's coins and post-quantum cryptography development.
Spot demand builds pressure at key resistance while funding rate extremes and heatmap data signal what comes next.