Bitcoin Holds Over $80K Mark, Opening the Door to $85K -- Market Talk

Dow Jones02:56

1456 ET - Bitcoin remains above $80,000 and there may be an upside of $85,000 ahead if any pullbacks stay around $78,000, says 21shares in a note. "The $74,400 zone has flipped from resistance to support," the firm says. "We are still waiting for a catalyst to clear the macro uncertainty, but the current consolidation looks more like a launchpad than a ceiling." Bitcoin is up 1.9% to $81,430, according to data from LSEG. Bitcoin hasn't traded above $85,000 since late January. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

May 05, 2026 14:56 ET (18:56 GMT)

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Bitcoin hasn't traded above $85,000 since late January. 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Bitcoin hasn't traded above $85,000 since late January. 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Bitcoin hasn't traded above $85,000 since late January. 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