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#BTC $79k is a critical resistance where the True Market Mean and Short-Term Holder cost basis converge.
A break above this level would return the average active investor, recent buyer, and most ETF holders back into profit - a key shift in market psychology.
◾$79k aligns with both the True Market Mean and Short-Term Holder cost basis
◾ Reclaiming it would shift a large portion of the market back into profit
-◾Bearish positioning remains elevated, with traders leaning short into resistance
-◾The $80k–$85k zone is a key battleground between buyers and sellers