Bitcoin trades sideways near 78000 because larger holders continue accumulating while broader demand stays muted, leaving the market dependent on sustained outflows that have already begun to reverse.

Bitcoin trades sideways near 78000 because larger holders continue accumulating while broader demand stays muted, leaving the market dependent on sustained outflows that have already begun to reverse. The ignored contradiction sits between rising global oil prices from the Strait of Hormuz closure and an elevated dollar index that shows no corresponding relief in yields or liquidity stress.