Bitcoin: Bullish Regime Holds Above Cost Basis

Bitcoin remains in a bullish regime according to various cost basis models and time frames from Glassnode.

Price trades above both the True Market Mean and the short-term holder cost basis, levels that historically define a sustained uptrend in BTC price prediction models and broader crypto trend sustainability analysis.

With price testing upper Bollinger resistance at $86144.0 while RSI flashes overbought at 85.62, a healthy retracement to the 50-EMA support at $80134.13 seems probable before further continuation, even as MACD golden cross at 1843.49 reinforces the macro structure amid ongoing Bitcoin market analysis.