Bitcoin Faces Resistance Near $80K as $1.5B in Calls Cluster

Bitcoin is facing repeated resistance around $80,000, with about $1.5 billion in notional call options clustered at that level on Deribit. Market makers are selling into rallies in a long gamma environment, while weaker futures positions, slower spot demand, and profit-taking are also reinforcing the cap.

BTC1.74%
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