Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout
Burns Brief
Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month.
Key Takeaways
- Strong ETF inflows and rising leverage are lifting prices, yet CryptoQuant data shows weak spot demand and Polymarket odds put just a 23% chance on $90,000 this month