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Bitcoin Derivatives Buying Pressure Continues to Rise, $80,000 Level Becomes Focus

BroadChainBroadChain04/27/2026
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Summary

Bitcoin derivatives buying pressure continues to rise, with perpetual contracts leading the uptrend,

BroadChain, April 27, 03:06, according to Bitcoinist, Bitcoin prices have recently continued to rise, recording their largest weekly gain in three months last week and briefly breaking through $79,000. Anonymous analyst Darkfost pointed out on X platform that this rally is primarily driven by the perpetual contract market rather than the spot market. On-chain data shows that BTC Net Taker Volume has climbed to approximately $145 million and has remained positive since March 7, reflecting a bullish market dominance.

Darkfost believes that if buying pressure continues, Bitcoin may target the $80,000 mark, but this area has recently shown significant resistance and should be approached with caution. As of press time, BTC is trading at $77,508, essentially flat over the past 24 hours.