Bitcoin’s bullish momentum accelerates but topping $78K remains a challenge
CoinTelegraph
by Marcel PechmanMarch 4, 2026
Bitcoin’s rally is accelerating, but 43% of holders are still at a loss, leading traders to favor put options. Will this week’s gains hold?
Key takeaways:
Derivatives and onchain data show a lack of bullish conviction, as 43% of Bitcoin holders remain at a loss despite recent price gains.
Surging AI energy demand is squeezing miner profits to record lows, forcing major listed firms to offload BTC and pivot to computing.
Read more
Verticals
cryptoblockchain
Originally published on CoinTelegraph on 3/4/2026