
Bitcoin recently reclaimed the $80,000 level but faces significant resistance near $82,000, with analysts warning that May could close in the red due to ongoing bear market pressures. Despite a strong April surge and growing institutional demand, the current rally may be a temporary trap rather than a sustained recovery. If bulls fail to break resistance soon, Bitcoin could see another downturn before the end of May. Institutional inflows remain strong, suggesting potential for a bullish reversal if key levels are surpassed.