Bitcoin Sell-Side Risk Returns to Rare Lows as $80K Sellers Fade From View

Bitcoin Price Prediction as Crude Oil Tops $101, Bond Yields Jump Ahead of CPI

Key Insights Bitcoin price traded around $78,500 on Sept. 10 as investors assessed higher oil prices, rising Treasury yields and the upcoming U.S. inflation report. BTC remained below its Sept. 3 high near $82,200 after spending most of the month inside a relatively narrow trading range. The immediate macro focus now shifts to Friday’s Consumer […]

Bitcoin (BTC) Price: BTC Holds Below $80K Resistance Ahead of CPI Report

TLDR Bitcoin trades near $78,200, stuck below the $80,000 to $82,000 resistance zone. More than 71% of BTC’s circulating supply is now sitting in unrealized profit. Glassnode’s sell-side risk ratio fell to 7 basis points, down from 16 at August’s peak. US spot Bitcoin ETFs show $723.5 million in net inflows so far this month despite one outflow day. August CPI data lands September 11, ahead of the September 16 Fed and BOJ decisions. Bitcoin is …

Bitcoin sell-side risk returns to rare lows as $80K sellers fade from view

Bitcoin investors showed little sign of panic selling as BTC held most of its August gains and sell-side risk fell to rare lows, data showed.