$80K WALL - WILL #BTC BREAK OR REJECT? 🧐

Bitcoin is running into heavy resistance around $80,000

At this level, there’s a massive cluster of call options expiring in May and June - ~$1.5B on Deribit.

To hedge upside risk, market makers are forced to sell into the move, adding pressure on price.

On top of that, profit-taking and weaker spot demand are reinforcing the resistance. For me its looking bearish.

Quick poll:

Does $80K hold BTC back?

BTCUSDT

Perp

81,446.6

+2.50%

ETHUSDT

Perp

2,298.06

+1.85%