Bitcoin has reclaimed the "True Market Mean," signaling a return to a bullish posture after recovering above this key technical level. Glassnode analysis indicates that price action has shifted back into favorable territory for upside momentum.
The next major resistance levels sit at approximately $80,000, representing the corporate treasury cost basis, followed by the ETF cost basis at $85,000. These thresholds mark critical zones where selling pressure may emerge as Bitcoin attempts to extend its recovery.
Bitcoin Reclaims True Market Mean as Bullish Signal Returns
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