Why Bitcoin’s Latest Breakout Attempt Could Fail on a US Demand Problem

Bitcoin price is pushing back toward the $79,510 breakout level it failed at on April 22, but three on-chain signals confirm that US institutional demand is fading even as the chart looks ready to break out. Bitcoin (BTC) trades at $79,098 on the 8-hour chart, up 0.54%, sitting just below the upper boundary of an The post Why Bitcoin’s Latest Breakout Attempt Could Fail on a US Demand Problem appeared first on BeInCrypto.