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 by macroeconomic factors rather than speculative activity, with US-listed spot bitcoin ETFs experiencing consistent inflows, including a $240 million injection following Middle East geopolitical tensions. However, as bitcoin approaches the $76,80…
April 16, 2026, 7:07 a.m.