#btc $BTC

🪙 Why can’t Bitcoin break past $112K?

BTC is approaching its peak but just can’t push through. Why? A lack of new buyers and too much emotion.

📉 No real demand

🟡 Spot volume delta is negative — more selling than buying

🟡 The market is driven by derivatives, not real money

💭 “Breakouts run on fumes,” says Swissblock

🤫 Seasonal quiet

🟡 Historically low volumes from June to October

🟡 July accounts for just 6.1% of annual traffic

🟡 Even major news (Trump, tariffs, crypto laws) isn’t moving the market

💰 Greed phase

🟡 Fear & Greed Index at 73 — extreme FOMO

🟡 RSI is nearing overbought levels across the board

💭 Santiment: “Don’t be surprised by a brief rally halt”

To go higher, the market needs real money — not just noise. While the crowd gets greedy, the market cools off.

#NFPWatch #BTCReclaims110K #TrumpVsMusk #REX-OSPREYSolanaETF