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Home Blockchain

Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions

by DigestWire member
May 1, 2026
in Blockchain, Crypto Market, Cryptocurrency
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Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish Positions
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Traders Push Bitcoin Near $79,000 Resistance, Wiping $120M in Bearish PositionsAfter a 13% gain in April, Bitcoin spiked over $2,000 on the first day of May to reach an intraday peak of $78,924 before ultimately settling below $78,300. Key Takeaways: Bitcoin surged over $2,000 on May 1 to test $79,000 resistance after a 13% gain in April. Bitcoin’s jump triggered $120 million in short liquidations […]

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