A make or break moment: why $79,200 could act as a launchpad or a ceiling for bitcoin
CoinDesk
Bitcoin faces a critical test as it struggles to overcome key on-chain resistance levels between $78,200 and $79,200.Summary
Bitcoin is currently consolidating near a decisive price range defined by the True Market Mean at $78,200 and the Short-Term Holder realized price at $79,200. These metrics represent the average acquisition costs for active market participants and recent investors, respectively. A successful breakout above these levels could establish them as support and trigger bullish momentum, while failure to reclaim them may result in continued price stagnation or further downside.
(Source：CoinDesk)