Bitcoin: Reclaims True Market Mean
Bitcoin reclaims True Market Mean at $78,226, targeting corporate treasury cost basis near $80k and ETF cost basis at $85k.
SourceAnalysis
Bitcoin has reclaimed the True Market Mean, returning price above a key level into a bullish regime per Glassnode. Next resistance sits at the corporate treasury cost basis near $80k, followed by the ETF cost basis at $85k.
With BTC at $78226.69 on the 4h chart, price tests upper Bollinger resistance at $77874.46 while the EMA50 at $77212.96 anchors support and the MACD golden cross at 74.11 sustains momentum; neutral RSI at 64.96 leaves room for continuation toward the corporate treasury cost basis before any retracement to the EMA200 at $74641.31, refining BTC price prediction and Bitcoin corporate treasury cost basis vs ETF cost basis levels.
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