Bitcoin hits ‘near-term selling pressure’ after rally to $76K: CryptoQuant

Burns Brief

CryptoQuant says Bitcoin could be reaching a temporary ceiling after hitting a multi-month top of $76,000 on Wednesday, with investors moving Bitcoin in bulk to exchanges The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC $NEAR for reaction — a decisive move above or below key levels will confirm the next trend.