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Bitcoin Encounters Resistance at $80,000 Amidst Signals of Caution in Derivatives
Bitcoin, currently valued at $76,987.97, may face a challenge despite its slight increase. Having gained less than 0.5% since midnight UTC, significant moves 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 surpasses…
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 $80,893.49, may be poised for a downturn despite its slight gains. Having risen by less than 0.5% since midnight UTC, any significant move towards $80,000 is expected to meet with resistance. According to Luke Deans, a senior research associate at Bitwise, short-term holders have a cost basis around $80,000, which could lead them to sell and take profits if the …
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Due to Cautious Derivatives Market
The current price of Bitcoin, at $78,208.61, may experience a significant downturn despite its slight gains. The cryptocurrency has seen less than a 0.5% increase since midnight UTC, and any attempts to reach $80,000 are 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 may prompt them to s…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Caution
The price of Bitcoin, currently at $78,313.84, may be due for a correction despite being slightly up. Gains have been less than 0.5% since midnight UTC, and significant moves 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 may prompt them to sell and take profits if the …
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amid Risk-Averse Sentiment in Derivatives
Bitcoin is currently trading at $78,453.96, showing a slight increase, but it may be heading for a downturn. The cryptocurrency has seen less than a 0.5% gain since midnight UTC, and any significant moves towards $80,000 are likely to face 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 ta…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Due to Risk Aversion in Derivatives
The value of Bitcoin, currently at $79,707.35, may experience a downturn despite its slight increase. Having gained less than 0.5% since midnight UTC, the cryptocurrency is likely to encounter 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 take profits, the…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Caution
The value of Bitcoin, currently at $78,338.86, may be due for a downturn despite being slightly up. Having gained 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 take profits if the pr…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Risk-Averse Sentiment in Derivatives
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April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Signs of Caution in Derivatives
The value of Bitcoin is currently at $77,358.43 and has seen a minimal increase of less than 0.5% since midnight UTC. However, any significant movement 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 may prompt them to sell and take profits, limiting any potential gains…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Market Shows Signs of Caution
The value of Bitcoin, currently at $79,099.61, may be due for a correction despite its slight increase. The cryptocurrency has seen less than a 0.5% gain since midnight UTC, and any significant move towards $80,000 is likely to face 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 …
April 30, 2026, 11:01 a.m.