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Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

Cointelegraph May 1, 2026 · 5:34 am Read Original

Strong Bullish 100.0

−100 Bearish 0 +100 Bullish

Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies

Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout.

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Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.

Source Cointelegraph

Published May 1, 2026 · 5:34 am

Article ID y0z666w

Original URL Open source

Strong Bullish 100.0

−100Neutral+100

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