Bitcoin Stalls at $82,000 Because US Buyers Have Been Missing Since October
BeInCrypto
Bitcoin is struggling to surpass $82,000 as a lack of US spot demand and negative funding rates hinder upward momentum.Summary
Bitcoin is facing significant resistance at the 200-day EMA near $82,000. Analysis shows that the primary cause for these failed breakout attempts is the persistent absence of US-based institutional demand, evidenced by a largely negative Coinbase Premium Index since October. Additionally, negative funding rates indicate strong bearish sentiment in the derivatives market, suggesting that until US buying pressure returns, technical setups alone are insufficient to sustain a rally.
(Source：BeInCrypto)