🥇 On-Chain Data | Bitcoin stalls near $80K

BTC tested $80,000 but hasn’t managed to hold above it yet.

ETF inflows and lower U.S. Treasury yields are supporting demand. But there’s also selling pressure: more Bitcoin holders are back in profit and have started taking some of it off the table.

On-chain data shows profit-taking from both long-term and short-term holders.

🔹 A solid break above $80K could open the way toward $88K–$90K
🔹 A drop below the $75K–$76K support zone could trigger a deeper correction

The big question now: is new demand strong enough to absorb the selling from profitable holders?

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