Bitcoin dey remain above $78K after news dem about shooting for Trump; $80K pivot dey for eye
Bitcoin (BTC) remain pass $78,000 after dem report say person shoot for White House Correspondents’ Dinner for Washington. Even though security scatter and dem comot Trump quick, BTC still dey trade near recent highs around $78,121, with intraday high near $78,197, and the wider market no cause big risk-off selloff.
Traders still dey watch Trump-related crypto moves. Before the incident, Trump run one meme-coin contest for Mar-a-Lago and bring 297 investors wey dey linked to $TRUMP token, with top holders chop VIP session. Despite the political yawa, article talk say $TRUMP still far from the 2025 peak.
On-chain/flow signals still supportive. CryptoQuant point out say Coinbase Premium Index don stay positive for 14 days straight — the longest since Oct 2025 — showing more steady US spot buying instead of leverage-driven momentum. Technically, $80,000 na the key pivot. If e clear break above, e fit open way go $84,000 (CME gap), but if dem reject am, BTC fit drop back to $75,000–$76,000.
For traders, main lesson be say BTC no scatter because of the news shock, but follow-through likely depend on confirmation above $80,000.
Bullish
Despite di Washington security shak, BTC still hold pass $78,000 and di market no widen into risk-off move. Di longer-than-usual positive Coinbase Premium Index (14 days straight) dey show say US spot demand steady, wey normally support higher lows and reduce chances of immediate breakdown. Traders clearly dey focus on one particular technical trigger: $80,000. If BTC confirm above $80,000, road to $84,000 (CME-related upside) go clear pass. But resistance and rejection risk still dey near $80,000, na why di bias dey conditional on follow-through rather than say breakout don sure.