{"id":587930,"date":"2026-04-23T00:53:45","date_gmt":"2026-04-23T00:53:45","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/23\/bitcoin-chases-monthly-high-above-80k-as-nearly-all-btc-price-metrics-turn-bullish\/"},"modified":"2026-04-23T00:53:45","modified_gmt":"2026-04-23T00:53:45","slug":"bitcoin-chases-monthly-high-above-80k-as-nearly-all-btc-price-metrics-turn-bullish","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/23\/bitcoin-chases-monthly-high-above-80k-as-nearly-all-btc-price-metrics-turn-bullish\/","title":{"rendered":"Bitcoin chases monthly high above $80K as nearly all BTC price metrics turn bullish"},"content":{"rendered":"

\"Bitcoin<\/p>\n

Bitcoin moves closer to $80,000 as data shows traders positioning in futures markets. Will potential profit-taking in the $83,000 to $88,000 range put a cap on the rally?<\/p>\n

Bitcoin (BTC<\/a>) reached a monthly high of $79,472 on Wednesday, marking its strongest 28-day return since April 2025. The rally aligns with a shift in a market positioning metric and a surge in leverage use.\u00a0<\/p>\n

A combined view of the market positioning metric and open interest shows new positions are being added, potentially influencing BTC\u2019s push toward new highs.<\/p>\n

Bitcoin researcher Axel Adler Jr. said<\/a> that the Bitcoin positioning index has turned higher, with its 30-day average rising to 4.5 from -10.9 in February. The indicator blends net taker flow direction, open interest trends, funding and the exchange balance into a single metric.\u00a0<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin moves closer to $80,000 as data shows traders positioning in futures markets. Will potential profit-taking in the $83,000 to $88,000 range put a cap on the rally? Bitcoin (BTC) reached a monthly high of $79,472 on Wednesday, marking its strongest 28-day return since April 2025. The rally aligns with a shift in a market […]<\/p>\n","protected":false},"author":1,"featured_media":587931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-587930","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/587930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=587930"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/587930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/587931"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=587930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=587930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=587930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}