Bitcoin's climb back to $82,000 doesn't mean much. Not yet. A crypto analyst who tracks long-term patterns sees the move as a classic bull trap—one that could drag BTC down to $42,000 before this cycle's pain really ends.
With bitcoin trading above the $80,000 threshold, bitcoin prices in South Korea have carried premiums approaching 2%, marking their highest level since late February. The move follows a choppy stretch since that period, during which both notable discounts and elevated premiums emerged across the past nine weeks.
The adoption of Stratum V2 by major mining pools could enhance Bitcoin's decentralization, security, and miner profitability, reshaping industry dynamics. Seven major Bitcoin mining pools join Stratum V2 working group.