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Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Risk Aversion
The price of Bitcoin, currently at $78,348.72, may experience a downturn despite its slight increase. Having gained less than 0.5% since midnight UTC, any significant move towards $80,000 is anticipated to encounter opposition. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which may prompt them to realize profits and sell, th…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amid Risk-Averse Sentiment in Derivatives
Bitcoin, currently trading at $80,126.58, is poised for a potential downturn despite its slight gains. The cryptocurrency has seen less than a 0.5% increase since midnight UTC, and any significant push towards $80,000 is likely to encounter resistance. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which could prompt them to r…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amid Risk-Averse Derivatives Market
The value of Bitcoin, currently at $80,235.26, may be due for a correction despite being slightly up. Since midnight UTC, the largest cryptocurrency has seen less than a 0.5% increase, and any significant move towards $80,000 is likely to encounter opposition. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which could prompt t…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Risk Aversion
The value of Bitcoin is currently at $78,091.50, showing a minor increase, but it may face challenges. The cryptocurrency has seen less than a 0.5% increase since midnight UTC, and any significant movement towards $80,000 is likely to encounter opposition. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which may lead them to s…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Signs of Risk Aversion in Derivatives
The value of Bitcoin, currently at $78,152.78, may be headed for a downturn despite its slight increase. Having gained less than 0.5% since midnight UTC, the cryptocurrency is likely to face opposition as it approaches $80,000. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which may prompt them to sell and realize profits, th…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Signs of Caution in Derivatives Market
The value of Bitcoin, currently at $77,094.31, may face a setback despite its slight increase. Having gained less than 0.5% since midnight UTC, significant movements towards $80,000 are likely to encounter opposition. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which could prompt them to sell and take profits if the price r…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Cautious Derivatives Market
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April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Derivatives-Driven Risk Aversion
Bitcoin is currently valued at $80,294.72, with minimal gains of less than 0.5% since midnight UTC. However, any significant move towards $80,000 is likely to encounter resistance. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which may prompt them to sell and take profits, thereby limiting any potential advance. The upcoming…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amid Signs of Caution in Derivatives Market
Bitcoin, currently trading at $76,600.41 with minimal gains, may be poised for a significant challenge. Having gained less than 0.5% since midnight UTC, any substantial move towards $80,000 is likely to encounter opposition. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which could prompt them to take profits and sell if the …
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Derivatives-Driven Caution
The price of Bitcoin, currently at $79,854.07, may be due for a correction despite its slight gain. Having risen by less than 0.5% since midnight UTC, any significant push towards $80,000 is likely to be met with resistance. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which could prompt them to sell and realize profits, the…
April 30, 2026, 11:01 a.m.