---
title: "BTC surpasses $80K, driven by ETF inflows and short squeezes. Facing crucial $85K resistance amid bullish momentum."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285483445.md"
description: "The price of Bitcoin has soared past $80,000 due to increased inflows into Exchange-Traded Funds (ETFs) and short squeezes. There is significant resistance expected at the $85,000 mark as the market evaluates its bullish momentum."
datetime: "2026-05-07T04:06:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285483445.md)
  - [en](https://longbridge.com/en/news/285483445.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285483445.md)
---

# BTC surpasses $80K, driven by ETF inflows and short squeezes. Facing crucial $85K resistance amid bullish momentum.

The price of Bitcoin has soared past $80,000 due to increased inflows into Exchange-Traded Funds (ETFs) and short squeezes. There is significant resistance expected at the $85,000 mark as the market evaluates its bullish momentum.

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