
Bitcoin has reclaimed and held above the $80,000 level, reaching near $81,000—the highest since late January—supported by reduced selling from short-term holders and a Binance-driven short squeeze. While buyers defend this level, momentum remains fragile due to weak confirmation across exchanges, signaling potential risks of reversal. Future gains toward $82,000–$85,000 depend on new demand entering the market rather than isolated forced buying.