Bitcoin’s next breakout will depend on whether investors treat $80K as relief, resistance, or the start of a new recovery
CryptoSlate
Bitcoin faces a critical juncture as softening institutional ETF inflows and on-chain cost-basis levels challenge its path toward the $80,000 mark.Summary
Bitcoin is currently struggling to surpass $80,000 as institutional demand, evidenced by volatile spot ETF flows, has softened. The asset is trading between two key on-chain metrics: the True Market Mean and the Short-Term Holder cost basis. Because recent buyers are currently facing unrealized losses, this price range acts as a psychological hurdle. Additionally, the Federal Reserve's recent policy stance and the expected transition in chairmanship have created a cautious macro environment, forcing Bitcoin to maintain support above $77,300 to keep the recovery thesis intact.
(Source：CryptoSlate)