Luke Gromen: Bitcoin's stalled $58K–$72K range may reflect "paper" markets

In a June 6 interview with Nathalie Brunell, macro analyst Luke Gromen said Bitcoin's inability to push decisively higher may be influenced by derivatives that can absorb buying pressure without requiring spot BTC purchases. He said he only "nibbled" and has not meaningfully rebuilt the position he previously reduced, while framing BTC's recent range around $58K–$72K as a potentially important signal about liquidity and market structure.