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Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

2026-05-01

Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout.

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