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Bitcoin Encounters Resistance at $80,000 Amidst Cautious Derivatives Market
None
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Caution
The value of Bitcoin is currently $78,685.01, showing a slight increase, but it may experience a significant challenge. The largest cryptocurrency has seen a gain of less than 0.5% 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 may…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Caution
Bitcoin, currently trading at $77,983.07, may be poised for a downturn despite being slightly up. The cryptocurrency has seen minimal gains of 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 take…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin encounters resistance at $80,000 level amid cautious derivatives market
None
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Risk Aversion Grows
Bitcoin, currently trading at $78,317.47, may experience a setback despite its slight gains. The cryptocurrency has seen less than a 0.5% increase 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 take pr…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Risk Aversion
The value of Bitcoin, currently at $80,754.29, may be poised for a correction despite being slightly up. Having gained less than 0.5% since midnight UTC, 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 could 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 Market
The price of Bitcoin, currently at $79,854.07, may be due for a correction despite being slightly up. Having gained less than 0.5% since midnight UTC, any significant push towards $80,000 is likely 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 prompt them to sell and realize profits, there…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 Amidst Derivatives-Driven Risk Aversion
Bitcoin, currently trading at $77,964.50 with minimal gains, may be poised for a correction. The cryptocurrency's less than 0.5% increase since midnight UTC suggests that attempts to reach $80,000 could 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, t…
April 30, 2026, 11:01 a.m.
Markets
Bitcoin encounters resistance at $80,000 level as derivatives indicate cautious sentiment
None
April 30, 2026, 11:01 a.m.
Markets
Bitcoin Encounters Resistance at $80,000 as Derivatives Indicate Risk Aversion
Bitcoin, currently trading at $79,843.90 with minimal gains, may face a significant challenge. The cryptocurrency has seen less than a 0.5% increase since midnight UTC, and 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 may prompt them to take profit…
April 30, 2026, 11:01 a.m.