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.