Bitcoin Tops $80K as Short-Term Loss Pressure Hits 0%
Bitcoin reached $80,000 on May 13 as short-term holders’ loss pressure fell to 0% from 22% in March; short-term supply hit a 90-day low of 22.2% and support is near $78,000–$79,000.
Bitcoin reached $80,000 on May 13. On the same day, short-term holders’ loss pressure — the share of recently acquired coins trading below their purchase price — fell to 0% from 22% in March. The share of bitcoin held by short-term holders was 22.2%, a 90-day low.
Market prediction contracts that pay if Bitcoin stays above $72,000 on May 13 were trading around 99.9% YES. A contract that pays if Bitcoin reaches $115,000 in May 2026 was trading near 0.5% YES.
Traders are monitoring the $78,000 to $79,000 range as a support band and watching price moves around that area for potential shifts in market activity.
Market participants are watching announcements from large holders and asset managers, including BlackRock and MicroStrategy, along with incoming economic data and geopolitical developments that can affect capital flows into crypto markets.
Bitcoin’s advance followed several weeks of price gains and a decline in short-term unrealized losses since March.
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