Bitcoin Price Hovers Near $78,000 Supply Wall Amid Pepeto Presale Success

The bitcoin price is currently hovering near the $77,500 to $78,000 supply zone, where short-term holders are reaching their cost basis at $78,800. This has triggered selling pressure each time the price approaches this level.

Pepeto, a presale project with a confirmed Binance listing, has raised over $8 million from investors who recognized the potential of its zero-fee trading and live exchange features. The project's developer, who also created the Pepe coin, has built a fully functional exchange before the presale ended, giving early buyers access to professional-grade execution.

The bitcoin price news cycle is creating a clear picture: large wallets are holding steady while smaller accounts are cashing out at the first chance. Pepeto's presale entry is positioned for returns that the listing will deliver, with analysts predicting $90,000 as a realistic 2026 target if peace talks hold and ETF inflows sustain.