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The Debate: Is Bitcoin Trapped Under $80,000?
The debate examines the factors keeping the price of Bitcoin below $80,000 as May 2026 begins. One side argues this is a localized market structure issue caused by supply concentration. Short-term holders who purchased Bitcoin near $80,000 experienced a price decline to $60,000 and are currently selling their assets to break even. This selling creates a high volume of supply at $80,000. Institutional buyers are purchasing this supply through over-the-counter transactions, a method that prevents price increases on public exchanges.The other side attributes the lack of price movement to a…
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