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Bitcoin Faces Resistance as Large Holders Prepare to Sell
The bitcoin rally towards $75,000 is encountering significant selling pressure, driven by institutional demand rather than speculative activity. U.S.-listed spot bitcoin ETFs have seen steady inflows, including a $240 million influx following Middle East geopolitical tensions, which helped drive BTC from $71,000 to the mid-$70,000s despite rising oil prices and shifting rate expectations. However…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Faces Resistance at Key Level as Large Holders Prepare to Sell
Bitcoin's surge towards $75,000 is encountering significant supply pressure, even as institutional investment remains steady. The recent price increase has been primarily driven by macroeconomic factors rather than speculative activity, with US-listed spot bitcoin ETFs continuing to attract consistent investment. According to market maker Enflux, this includes a substantial influx of around $240 …
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Faces Resistance at Key Level as Large Holders Prepare to Sell
The upward momentum of bitcoin towards $75,000 is being hindered by a significant wall of supply, even as institutional demand remains steady. The recent price increase has been driven primarily by macroeconomic flows rather than a surge in speculative activity, with U.S.-listed spot bitcoin ETFs continuing to attract consistent inflows. This has helped to push BTC from around $71,000 to the mid-…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Hits Resistance Level as Large Holders Prepare to Sell
The recent surge in bitcoin's price is encountering significant resistance as it approaches the $75,000 mark, driven largely by macroeconomic factors rather than speculative activity. Despite traditional markets facing challenges from rising oil prices and shifting interest rate expectations, U.S.-listed spot bitcoin ETFs have seen consistent inflows, including a notable $240 million influx follo…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Hits Resistance as Large Holders Prepare to Sell
The recent surge in bitcoin's price towards $75,000 is encountering significant resistance due to a substantial increase in supply, even as institutional demand remains steady. The price increase has been primarily driven by macroeconomic flows rather than speculative activity, with US-listed spot bitcoin ETFs experiencing consistent inflows, including a notable $240 million influx following Midd…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Faces Resistance at Key Level as Large Holders Prepare to Sell
Bitcoin's surge towards $75,000 is encountering significant resistance as institutional demand remains steady. The recent price increase has been driven primarily by macroeconomic factors rather than speculative activity, with U.S.-listed spot bitcoin ETFs experiencing consistent inflows. According to market maker Enflux, this trend reflects allocation behavior rather than momentum-driven investi…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Faces Resistance at Key Level as Large Holders Prepare to Sell
Bitcoin's ascent towards $75,000 is encountering significant selling pressure, even as institutional investment remains steady. The recent price increase has been fueled primarily by macroeconomic factors rather than speculative activity, with US-based spot bitcoin ETFs experiencing consistent inflows, including a notable $240 million influx following Middle East geopolitical tensions. This inves…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Encounters Resistance as Large Holders Prepare to Sell
The surge in bitcoin's price toward $75,000 is facing a significant obstacle due to a substantial increase in supply, even as institutional demand remains stable. The recent price increase has been largely driven by macroeconomic factors rather than speculative activity. U.S.-listed spot bitcoin ETFs have seen steady inflows, including a notable $240 million in a single session following Middle E…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Hits a Roadblock at a Key Level That Capped Its January Rally, According to CryptoQuant
The upward trajectory of Bitcoin towards $75,000 is encountering significant resistance due to a surge in supply, even as institutional demand remains steady. The recent price increase has been primarily fueled by macroeconomic factors rather than speculative activity. U.S.-listed spot Bitcoin ETFs have seen consistent inflows, including a notable $240 million in a single session following Middle…
April 16, 2026, 7:07 a.m.
Markets
Bitcoin Hits Resistance Level as Large Holders Prepare to Sell
The recent surge in bitcoin's price towards $75,000 is encountering significant resistance due to an increase in supply, even as demand from institutions remains steady. This upward trend has been primarily fueled by macroeconomic factors rather than speculative activities. The consistent influx of funds into U.S.-listed spot bitcoin ETFs, including a substantial $240 million injection following …
April 16, 2026, 7:07 a.m.