Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout
Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month.
While Bitcoin has reclaimed $80,000 due to ETF inflows, weak spot demand and low breakout odds suggest limited upward momentum in the near term. Prices may stabilize or experience slight declines as traders remain cautious.
Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month.
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