Glassnode: BTC On-Chain Averages Mark Key Support Zones
Glassnode data shows BTC at $64.9K versus Active Investors Mean $83.5K, True Market Mean $76.2K and STH Cost Basis $69.5K, with 4h technical confluence at $66K.
SourceAnalysis
Glassnode updated on-chain price models with spot BTC trading at $64.9K: Active Investors Mean sits at $83.5K, True Market Mean at $76.2K, Short-Term Holder Cost Basis at $69.5K and Realized Price at $52.9K.
Price action on the 4h chart at $66077.24 holds above the EMA50 at $64828.64 and EMA200 at $63674.45 while the MACD registers a bullish golden cross at 518.01 and RSI at 59.02 stays neutral; with price testing the upper Bollinger Band resistance at $67047.96, a healthy retracement toward the 50-EMA support at $64828.64 appears probable before continuation.
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