Bitcoin Price Prediction: BTC Holds at $79,653: Institutional Squeeze Nears $82K as CLARITY Momentum Builds
Bitcoin (BTC) is trading near $79,653 on Friday morning, May 8, 2026, maintaining a steady +0.15% gain as the market enters a high-conviction institutional squeeze phase. While the month-old U.S.-Iran ceasefire has successfully lowered the geopolitical risk premium, Bitcoin has decoupled from traditional crisis hedges, transitioning instead into a primary diversification tool for pension funds and corporate treasuries.