Bitcoin Keeps Hitting a $68,000 Wall—A 3.55 Million BTC Cluster Helps Explain Why

AI Summary Bitcoin’s advance is running into heavy resistance near $68,000 as 3.55 million BTC approach their holders’ cost basis, creating a supply wall that is offsetting strong spot bitcoin ETF demand. ETF Demand Is Driving Bitcoin, but Price Faces a Supply Wall Bitcoin gained roughly 10% in July, rebounding from lows near $58,000 to around $63,955 […] fulltext: 352 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/bitcoin-keeps-hitting-a-68000-wall-a-3-55-million-btc-cluster-helps-explain-why/ Source: Bitcoin.com News