Bitcoin rebounds from key support as traders eye renewed push toward $80,000

coindesk
coindesk|Apr 29, 2026 10:49
BTC climbs after holding at the $75,600 support level while derivatives signal de-risking, and speculative flows build in memecoins ahead of tech earnings. What to know : Bitcoin bounced to $77,700 after reclaiming $75,600 as a support price, strengthening the case for another attempt to breach $80,000. Futures open interest continues to decline, signaling further de-risking, while options markets still show elevated demand for downside protection. Memecoins surged with strong inflows into DOGE and SHIB, suggesting rising speculative activity that can precede broader market pullbacks.(Coindesk)
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