Bitcoin Surpasses $80,000 Amid Growing Inflows, Yet Traders Express Caution Over Potential Breakout
As the Asian trading week commences, Bitcoin has breached the $80,000 threshold, a level last seen in late January. According to CryptoQuant analysts, the resurgence to $80,000 is driven by cautious buyers, as reflected in both positioning data and on-chain signals. Over the past few weeks, ETF inflows and leveraged long positions have fueled a steady ascent, yet the underlying demand remains inc…