Bitcoin rally is taking a breather near $75,000. Onchain data shows why

Bitcoin rally is taking a breather near $75,000. Onchain data shows why

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin rally is taking a breather near $75,000. Onchain data shows whyBTC is up 10% for the month, but the bull run has stalled near $75,000 in the past 48 hours. Here's why.By Omkar Godbole Apr 16, 2026, 5:44 a.m. Make preferred on What's stopping BTC from rallying. (Jakub Żerdzicki/Unsplash)What to know: Bitcoin's nearly 10% rally this month is stalling near $75,000 as on-chain data shows investors increasingly taking profits into strength.Uneven spot demand across exchanges, slightly negative funding rates, and a persistent bias for put options in derivatives markets signal cautious sentiment and a consolidating, not overheated, market.Bitcoin BTC$75,050.79 has climbed nearly 10% this month, but the rally is running into resistance n

Source: https://www.coindesk.com/markets/2026/04/16/bitcoin-rally-is-taking-a-breather-near-usd75-000-onchain-data-shows-why