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Bitcoin Hits $80,000: Massive Short Squeeze and Institutional Buying Drive $96K Target

Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key T...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Hits $80,000: Massive Short Squeeze and Institutional Buying Drive $96K Target
Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined […]

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Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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