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Bitcoin’s floor looks firmer at $80,000, but traders still don’t trust the breakout

Bitcoin’s floor looks firmer at $80,000, but traders still don’t trust the breakout

2026-05-12

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.

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