Bitcoin Price Analysis Today: Daily Order Flow Turns Bullish as BTC Tests $80k Acceptance

Bitcoin Price Analysis Today: Daily Order Flow Turns Bullish as BTC Tests $80k Acceptance

investingLive – Asia-Pacific News Wrap
investingLive – Asia-Pacific News WrapMay 4, 2026

Key Takeaways

  • Bitcoin trades around $80,328, up 2.25% today
  • Buyers control 61.8% of volume, delta +23.5%
  • POC migrated to $80,150, indicating higher accepted value
  • Support zone now $78,750‑$80,150; hold above $80,150 strengthens bullish case
  • Equity rally and geopolitical calm boost crypto sentiment

Pulse Analysis

The latest Bitcoin price action reflects a rare convergence of technical strength and macro‑level optimism. Spot BTC has surged past the psychologically important $80,000 threshold, buoyed by a daily order‑flow profile that shows aggressive buying and a clear upward migration of the point of control. This POC shift—from the low $70,000s in early April to just above $80,000—suggests market participants are not merely testing higher levels but are beginning to accept them as the new price equilibrium. Traders watching the $78,750‑$80,150 corridor should treat a firm close above $80,150 as a catalyst for a potential parabolic move.

Beyond the charts, the crypto rally is riding the wave of a six‑week streak of gains in U.S. equities, with the S&P 500 and Nasdaq hitting record closes. Such equity strength often translates into risk‑on sentiment, prompting investors to allocate capital toward high‑volatility assets like Bitcoin. Adding to the bullish backdrop, recent reports of secured maritime transit through the Strait of Hormuz have eased energy‑supply concerns, further stabilizing global markets. This macro environment reduces the likelihood of abrupt sell‑offs that could derail Bitcoin’s upward trajectory.

Nevertheless, caution remains warranted. The daily candle is still incomplete, and historical resistance at the upper edge of Bitcoin’s multi‑month ascending channel has prompted reversals in the past. Volume on the 4‑hour chart, while positive, remains modest, indicating that the breakout narrative needs confirmation before becoming a sustained trend. Investors should monitor both price action above $80,150 and accompanying volume spikes; a decisive close with strong buying pressure could usher in a new high‑price regime, while a failure to hold may re‑establish the $78,750 support as the floor.

Bitcoin Price Analysis Today: Daily Order Flow Turns Bullish as BTC Tests $80k Acceptance

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