Bitcoin remains structurally bullish, but is still struggling to break above $80K
From tradersunion.com
From a technical perspective, the market is still trading inside a broad $74K–$80K range, where buyers and profit-taking are fighting for control. The $80K area is now the key line in the sand: a clean breakout could open the way toward $85K and then $90K, while another rejection would likely keep Bitcoin range-bound for longer. The fundamental backdrop remains solid. Institutional demand is still supporting the market through ETF inflows and buying from larger players, and recent flow data suggests the rally is being driven more by institutional allocators than by retail speculation. That gives the move more ...
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