Bitcoin analysts explain why BTC price can’t take out $80K
0.64%BTC$76,501 0.94%XLM$0.1596 0.05%TRX$0.3253 0.74%XMR$387.10 1.89%DOGE$0.1071 3.68%BCH$444.42 0.50%ADA$0.2476 1.54%BNB$617.41 0.18%ETH$2,267 0.03%SOL$83.43 0.42%HYPE$39.34 0.52%XRP$1.37 0.72%Written by Nancy Lubale, Staff Writer. Reviewed by Allen Scott, Staff Editor. Written by Nancy Lubale, Staff Writer. Reviewed by Allen Scott, Staff Editor. Bitcoin analysts explain why BTC price can’t take out $80KMarketsPublishedApr 30, 2026A large overhead supply cluster, increased profit-taking activity and the resumption of spot Bitcoin ETF outflows are key factors keeping BTC price pinned below $80,000. Bitcoin (BTC) rebounded 32% to a 10-week high of $79,500 on April 22 from its sub-60,000 multi-year low. But recent buyers took advantage of the rally to exit as the price has since corrected to $76,000 on Thursday, with $80,000 proving a tough barrier to break. As Cointelegraph reported,
Source: https://cointelegraph.com/markets/heres-why-bitcoin-analysts-say-btc-price-cant-take-out-80k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
