Bitcoin’s Technical Strength Falters Despite Price Stalemate

In a remarkable display of activity, Bitcoin’s real-world investment value jumped by $8 billion in just one week, exceeding the $1.1 trillion mark. This surge reflects robust on-chain buying activity, driven mainly by institutional investors. Yet, despite this internal resurgence, bitcoin’s spot price has remained stagnant. The disconnect between surging network signals and the lack of corresponding price movement highlights an intriguing market paradox.