4 key factors for Bitcoin this week
May 04, 2026, 10:37 AM
Cointelegraph has outlined four key factors to watch in the Bitcoin market this week.
- BTC surpasses $80,000 for the first time in three months.
- A daily close above $80,000 would signal a bullish reversal.
- Fading expectations for a Fed rate cut.
- The MVRV ratio has hit 1.45, its highest level since the start of the year, indicating a recovery in investor profitability.
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