Bitcoin hit $80,000 but failed to restore BTC treasury premiums at Strategy, Twenty One Capital, or Metaplanet
Strategy, Twenty One Capital and Metaplanet still face a funding bind as common-equity discounts collide with debt, pledged coins and dilution. The post Bitcoin hit $80,000 but failed to restore BTC treasury premiums at Strategy, Twenty One Capital, or Metaplanet appeared first on CryptoSlate.
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Bitcoin confronts major supply cluster near the 80000 dollar level
Bitcoin is testing its largest supply wall near $80,000 alongside its 50-week moving average. This key resistance zone aligns closely with the average purchase price of spot exchange-traded fund holders. Market participants are watching this crucial threshold closely, as a decisive breakout could trigger fresh bullish momentum across spot markets, while rejection at this massive cluster risks prolonged consolidation and potential downside pressure for retail crypto traders worldwide.