Bitcoin: Clamped Between Institutional Cost Bases

Bitcoin trades clamped between institutional cost bases, sitting below the average Treasury purchase price while holding just above ETF averages according to Charles Edwards. The ultimate breakout will likely set the direction for the next six months.

Price action at $81251.42 remains inside the Bollinger Bands with upper resistance at $83074.67 and lower support at $78034.51. The 50-EMA at $79104.75 continues to act as concrete support beneath the current level while the 200-EMA at $75556.11 anchors the broader bullish structure. RSI at 66.3 shows neutral momentum yet the MACD death cross at 899.56 signals fading trend strength, suggesting a healthy retracement toward the 50-EMA before any decisive continuation higher. This setup directly informs BTC price prediction models for the coming quarters.