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788 Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

CoinDesk
Sam Reynolds @ CoinDesk · 05/04/2026 00:26 EDT

Bitcoin reclaims $80,000 as flows build, but traders hedge and doubt a breakout

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.

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