Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking

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CryptoQuant says traders are cashing out into strength, Enflux ties the move to easing Hormuz tensions, while Glassnode argues bitcoin has reclaimed key levels needed for a broader recovery.

source https://www.coindesk.com/markets/2026/05/08/bitcoin-s-usd80k-breakout-fizzles-as-analysts-split-on-whether-rally-has-legs

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