Bitcoin Reclaims $80,000 but Analysts Warn May Could Still Close Red

Bitcoin has climbed back above $80,000 after topping at $82,227 on May 6 and sliding to just under $79,250 on May 8 before rebounding to around $80,740 by May 10. An analyst cautioned that May could still end negative, framing the move as a potential bear-market trap rather than a durable macro reversal. Separately, Bitcoin ETFs have logged more than $623 million in inflows, signaling continued institutional participation.