BTC Holds Above $80K Despite 2-Year Low Activity: Bullish or Fragile?
On May 4th, Bitcoin’s price surged past $80,000 for the first time in three months, and it’s currently staying above that mark at $80,824 as of May 5th. The price briefly peaked at $81,300 before settling slightly. This upward movement, and the market’s ability to maintain prices above $80,000, suggests that investors are buying the dips instead of reacting negatively to selling.