TechFlow News: On May 4, Nic Puckrin, Co-Founder and CEO of Coin Bureau, posted on X stating that Bitcoin has broken above the $80,000 mark, reaching its highest level in nearly three months. It has also reclaimed several key technical and on-chain metrics, including the mid-point of the CME gap ($79,000–$84,000), the bull market support zone, and risen above both the Short-Term Holder Realized Price and the Realized Market Value.
Puckrin analyzed that if Bitcoin’s price stabilizes within this current range, the next key levels to watch would be approximately $83,000—the average cost basis for ETFs—and roughly $84,500—the upper boundary of the CME gap. Overall, Bitcoin’s short-term trajectory has entered a critical validation phase, potentially ushering in a more volatile trading window.
