Bitcoin Rally Faces Resistance Between $75,000 and $85,000

CryptoQuant indicates that Bitcoin traders have turned increasingly bullish in derivatives markets ahead of the Federal Reserve’s upcoming rate decision. Long positions in perpetual futures have grown, while funding rates have shifted from negative to positive, showing traders are willing to pay to maintain bullish exposure. Buy-side volume has also outpaced sell orders, reinforcing expectations of further short-term upside.

Key Resistance Levels Could Limit Price Growth

Despite the positive sentiment, Bitcoin may encounter strong resistance between $75,000 and $85,000. Analysts highlight $75,000 as an initial barrier tied to the lower band of the Traders’ On-chain Realized Price, a level that has historically acted as resistance. A higher resistance zone near $85,000 has also previously capped upward momentum during earlier rallies.

Rising Exchange Inflows Signal Potential Selling Pressure

At the same time, increasing Bitcoin inflows to exchanges suggest possible downside risk. Large transfers have surged, with significant deposits making up a majority of inflows, often indicating that investors may be preparing to sell. This combination of bullish positioning and growing supply on exchanges could create near-term volatility in price action.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.