These Three Metrics Show BTC Found Strong Support Near $80,000
4 Articles
4 Articles
Bitcoin Finds Structural Support as Institutional Buying Anchors the $80,000 Level
Bitcoin continues to trade within a tight range around the $90,000 mark following the latest Federal Reserve meeting. While the central bank signaled fewer interest rate cuts than markets had anticipated for 2026—a short-term headwind for risk assets—on-chain data tells a more constructive story beneath the surface. Institutional accumulation and converging on-chain metrics point to a strong structural support zone near $80,000. Three Metrics, O…
Onchain data shows that several average cost metrics confirm strong demand and solid investor sentiment around…
Bitcoin Price Holds Above $90,000 as Key Cost Basis Metrics Signal Strong Support
Bitcoin (BTC) has shown notable resilience, holding above the $90,000 level after rebounding more than 15% from its Nov. 21 low near $80,000. This recovery highlights strong underlying demand, as the price found confluence support around three critical cost basis metrics closely watched by investors and analysts: the True Market Mean, the 2024 yearly volume-weighted cost basis, and the average U.S. spot Bitcoin ETF cost basis. These metrics are …
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