Bitcoin recovers above $80K as spot buyers return and sell pressure eases

Bitcoin's price recovery above $80,000 is driven by stronger spot market demand as buyers, including whales and institutions, absorb supply from weaker holders. This shift from leveraged speculation to direct asset acquisition signals improving market sentiment and liquidity. Sell-side pressure has eased with fewer holders offloading during volatility, though rising profitability near resistance levels may prompt some profit-taking. Continued spot ETF inflows support ongoing accumulation, suggesting cautious optimism for sustained recovery.