Bitcoin rebounds above $78,000, nearing key $80,000 milestone amid strong trading activity.

Bitcoin has climbed back above $78,000 on Gate's BTC/USDT pair, extending its recovery from lows near $76,000. This rebound keeps Bitcoin close to the important psychological level of $80,000, a key resistance point traders are watching. The price movement is driven mainly by derivatives and ETF inflows, with Bitcoin fluctuating between $76,000 and $79,000 as the market tests the upper range. Holding above $78,000 is seen as a bullish signal that could lead to a push toward $80,000, while falling below might trigger a pullback to mid-$70,000 levels.