Bitcoin BTC$77,785.28 is doing that familiar dance just below a big round number, $80,000, stalled by sellers even as fresh stablecoin liquidity, ETF demand and a risk-on equity market suggest the breakout may be delayed rather than denied.
Notorious crypto trader Machi Big Brother has opened a combined $86 million long position across bitcoin and ethereum, holding $44.2 million in BTC and $41.8 million in ETH. Key Takeaways: Machi Big Brother holds $44.2 million BTC and $41.8 million ETH onchain, per Arkham Intelligence data. Machi has lost $73.
Bitcoin is progressing, but the market remains tense. Despite a rebound of over 29% since February, several analysts anticipate a new phase of decline.