Repeated Bitcoin profit taking near $77K suggests rally is losing steam

Short-term traders took profit each time BTC rallied above $77,000, creating overhead sell pressure that has capped BTC’s ability to reach $80,000....
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U.S. senators won't be weighing in on prediction markets bets after banning themselves
U.S. Senate unanimously banned members and staff from betting on prediction markets, citing conflict-of-interest concerns. The restriction takes effect immediately and prohibits senators from wagering on platforms like Polymarket. Leading prediction market operators support the move, though the platforms remain largely unregulated. No direct India angle, but regulatory clarity affects global crypto adoption trends investors monitor.

Bitcoin’s surge to $77K pressures shorts, but absent spot and long leverage caps rallies
Bitcoin bulls took another swing at the $77,000 resistance, but profit-taking and traders’ reluctance to increase margin and spot longs limit the strength of each breakout....