{"id":593746,"date":"2026-05-04T05:52:13","date_gmt":"2026-05-04T05:52:13","guid":{"rendered":"https:\/\/news.bitcoin.com\/?p=811560"},"modified":"2026-05-04T05:52:13","modified_gmt":"2026-05-04T05:52:13","slug":"bitcoin-hits-80000-massive-short-squeeze-and-institutional-buying-drive-96k-target","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/04\/bitcoin-hits-80000-massive-short-squeeze-and-institutional-buying-drive-96k-target\/","title":{"rendered":"Bitcoin Hits $80,000: Massive Short Squeeze and Institutional Buying Drive $96K Target"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"432\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/bitcoin-hits-80000-massive-short-squeeze-and-institutional-buying-drive-96k-target2-768x432.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"\" style=\"float:left;margin:0 15px 15px 0\" \/>Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined [&#8230;] <a href=\"https:\/\/news.bitcoin.com\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":593747,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-593746","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/593746","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=593746"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/593746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/593747"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=593746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=593746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=593746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}