On-chain Cost Basis
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BSCN· 2026-05-06 20:58
BITCOIN EYES $85.000 AS BULLS PUSH PAST KEY LEVELSbitcoin:native has pushed past $80K and broken above two key on-chain cost basis levels, with @glassnode flagging $85.2K as the next major resistance.The breakout cleared both the True Market Mean at $78.2K and the Short-Term Holder Cost Basis at $79.1K in a single leg, ending a deep value phase that began in early February. If price holds, it ranks among the shortest such episodes in Bitcoin history.US spot Bitcoin ETF flows have flipped firmly positive on ...