Bitcoin chases monthly high above $80K as nearly all BTC price metrics turn bullish

Bitcoin chases monthly high above $80K as nearly all BTC price metrics turn bullish

4.82%LINK$9.17 3.62%DOGE$0.09559 0.74%ADA$0.2463 3.22%BTC$77,754 0.27%XLM$0.1753 2.66%SOL$85.78 1.72%XRP$1.41 1.90%BCH$454.75 0.32%ETH$2,342 0.96%HYPE$40.66 1.36%TRX$0.3293 0.92%BNB$635.61 0.66%USD Written by Biraajmaan Tamuly,Staff WriterReviewed by Ray Salmond,Staff EditorBitcoin chases monthly high above $80K as nearly all BTC price metrics turn bullish4 hours agoBitcoin moves closer to $80,000 as data shows traders positioning in futures markets. Will potential profit-taking in the $83,000 to $88,000 range put a cap on the rally? Bitcoin (BTC) reached a monthly high of $79,472 on Wednesday, marking its strongest 28-day return since April 2025. The rally aligns with a shift in a market positioning metric and a surge in leverage use. A combined view of the market positioning metric and open interest shows new positions are being added, potentially influencing BTC’s push toward new high

Source: https://cointelegraph.com/news/bitcoin-chases-monthly-high-above-dollar80k-as-nearly-all-btc-price-metrics-turn-bullish?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound