Bitcoin Holds $80K Amid Yield Pressures, Golden Cross Looms as Network Growth Rebounds

Bitcoin trades tightly near $80,000 on May 15, resisting rising U.S. Treasury yields and equity weakness with an intraday range of $78,743–$81,958. The upswing ignited on May 12 as CryptoQuant’s Bull-Bear Cycle Indicator flipped green for the first time since March 2023, backed by $2.44B April ETF inflows, driving tests of $83K–$85K resistance before consolidation amid 3.8% CPI. Latest developments include $131M ETF inflows, 50-day SMA nearing a golden cross over the 200-day SMA, and Glassnode’s Network Growth surging toward a bullish 60 threshold, though analysts flag the first bearish signal of 2025 with $76K as key support for $90K–$100K targets.