Why bitcoin’s recent climb to $80,000 might just be a temporary liquidity squeeze
Summary
Bitcoin's recent price increase to $80,000 is likely driven by a derivatives-based 'gamma trap' rather than fundamental strength. While on-chain metrics show some improvement, significant daily realized losses, declining institutional inflows, and a hawkish Federal Reserve outlook suggest the price faces major resistance. Analysts argue that unless market conditions change or corporate buying resumes, the asset is likely to see a period of neutralization rather than a breakout to new all-time highs.
(Source:CoinDesk)