Sentiment: Negative
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How a wall of 1.79 million Bitcoin is quietly choking every attempt to break above $65,000
By Oluwapelumi Adejumo at 2026-10-03 12:30
Sentiment: Negative
Bitcoin traders are rebuilding bets on a run toward $70,000 while still paying for protection against a fall to $60,000, showing that softer US inflation data has done little to break the market’s defensive positioning. The split held after the Consumer Price Index rose 0.1% in July and 3.4% from a year earlier, while core […] The post How a wall of 1.79 million Bitcoin is quietly choking every attempt to break above $65,000 appeared first on CryptoSlate. Continue reading...
Categories: Derivatives
Tags: #Derivatives #Featured #Macro #Market #TradFi #Trading
Source CryptoSlate