Bitcoin News

A Stealth Force In Derivatives—Why Bitcoin Can’t Punch Past $80,000 Yet

2 hours ago

Bitcoin (BTC) failed again to push back above the

Bitcoin (BTC) failed again to push back above the $80,000 level this week, a price point that has remained stubbornly resistant since early February. After struggling through the latest attempt to break higher, BTC retraced to around $75,400 on Wednesday.

The daily chart shows BTC’s drop following Monday’s unsuccessful attempt to break $80,000. Source: BTCUSDT on TradingView.com

Featured image from OpenArt, chart from TradingView.com

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