CryptoSlate

Bitcoin cannot break out past $80,000 until it devours an 880k BTC roadblock that choked every rally

Bitcoin cannot break out past $80,000 until it devours an 880k BTC roadblock that choked every rallyWorldPing

Bitcoin is testing a roughly $68 billion breakeven wall that has repeatedly stalled its push back above $80,000.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

More coverage: all crypto & markets news on WorldPing.

Related news

Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance LoomsWorldPing
Bitcoin.com

Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms

A massive short squeeze on Aug. 19, which is the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. Record Squeeze Triggers Price Rebound The massive wave of short liquidations on Aug.

Brief by WorldPing · Original reporting by Bitcoin.com

Remixpoint Goes All-In on Bitcoin After $5.54 Million Altcoin SaleWorldPing
Bitcoin.com

Remixpoint Goes All-In on Bitcoin After $5.54 Million Altcoin Sale

Japan-listed Remixpoint has sold its entire altcoin portfolio and will now hold only bitcoin as part of a more concentrated crypto strategy. The company exited ETH, SOL, XRP, and DOGE positions for about $5.

Brief by WorldPing · Original reporting by Bitcoin.com