Cryptocurrency12 May 2026SEO 801 min read

Analysis: Bitcoin’s floor looks firmer at $80,000, but traders still don’t trust the brea…

BTC has recovered from Friday’s jobs-driven dip, but Enflux says overhead resistance remains intact while Glassnode’s market structure data suggests traders ar…

BTC has recovered from Friday’s jobs-driven dip, but Enflux says overhead resistance remains intact while Glassnode’s market structure data suggests traders are buying the rally while still positioning for downside. Bitcoin is trading just above $80,000 with a stronger structural floor from ETF demand and low exchange reserves, but its rebound still looks more like a test of resistance than a decisive breakout. Trading data from Glassnode show buyers growing more aggressive in both spot and fut…

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