Interesting question! This is the big picture 👇
🐋 Sharks are buying heavily — but the price remains stuck below $80K. Why?
Current price: ~$74,700–$75,000 (04/17/2026) Most recent ATH: ~$126,198 (October 2025) → BTC has lost ~40% from the peak
❓ Paradox: Sharks are buying at record levels, but the price still isn't breaking out
Sharks have accumulated 270,000 BTC in 30 days — the highest level since 2013. The amount of BTC on exchanges is at its lowest since December 2017. Yet the price remains stagnant. The reason:
📌 5 main reasons
1. Selling pressure from sharks Not all sharks "hold". Some sell to take profits in the $75,000–$76,000 range, creating a strong resistance wall. For example, Matrixport just closed a long position of $112 million, earning $8.7M in profit.
2. Macro remains unstable Fed policy, geopolitical risks, and global economic instability are weighing on investor sentiment. Money "fears risk" has not dared to flow in strongly.
3. ETF capital flow is not strong enough Bitcoin ETFs have some money coming back but not consistently — not enough to create a breakout momentum.
4. Technical resistance at $75K–$76K BTC has continuously failed when attempting to break $76,000. A strong closing candle above this range is needed to target $80,000.
5. Pressure from miners The cost of mining BTC is approaching $80,000, while transaction fees are nearly zero. Miners are selling off to cover costs — adding supply to pressure prices.
In summary: Shark buying is a good signal
long term (supply is being pulled from the market), but in the short term, external catalysts (ETF, macro, sentiment) are needed to break out. The market structure is accumulating rather than collapsing. 🎯#CreatorpadVN #BitcoinPriceTrends $BTC
