Bitcoin rebounds from key support as traders eye renewed push toward $80,000

Bitcoin rebounds from key support as traders eye renewed push toward $80,000

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin rebounds from key support as traders eye renewed push toward $80,000BTC climbs after holding at the $75,600 support level while derivatives signal de-risking, and speculative flows build in memecoins ahead of tech earnings.By Oliver Knight, Omkar Godbole|Edited by Sheldon Reback Apr 29, 2026, 10:48 a.m. Make preferred on BTC chart (CoinDesk Data)What to know: Bitcoin bounced to $77,700 after reclaiming $75,600 as a support price, strengthening the case for another attempt to breach $80,000. Futures open interest continues to decline, signaling further de-risking, while options markets still show elevated demand for downside protection. Memecoins surged with strong inflows into DOGE and SHIB, suggesting rising speculative activity

Source: https://www.coindesk.com/markets/2026/04/29/bitcoin-rebounds-from-key-support-as-traders-eye-renewed-push-toward-usd80-000