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Bitcoin's price has been struggling to break past recent lev

fulldeg

Updated at: 9 hours ago

{"content":"Bitcoin's price has been struggling to break past recent levels, primarily due to dynamics in the derivatives market. Since surpassing the key $100,000 mark, the cumulative net taker volume has largely stayed negative, signaling stronger selling activity. What does this imply? ● In simple terms, traders have been favoring short positions over long ones in recent days, putting downward pressure that’s stopping Bitcoin’s upward trajectory. ● This trend suggests growing skepticism among traders about Bitcoin’s ability to hit a new all-time high in the near term. Yet, markets often have a way of surprising those betting against the trend.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/17/8a9aba41ab2342d49aa0edf6f7f8a56a.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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