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📰 【Glassnode: BTC Breaks Through Key Cost Zone, $85,000 Becomes Next Critical Resistance Level】
BlockBeats news, May 6, Glassnode’s latest report indicates that Bitcoin has broken through the real market average ($78,200) and the cost basis of short-term holders ($79,100). If it can continue to hold above the above range over the coming week, the “deep value phase” since February 2026 may become the shortest-lasting one in Bitcoin’s history. The next key resistance level currently in the market is around $85,200. On-chain data shows that the 30-day net realized profit/loss average has turned positive to 0.003% of market cap; long-term holders’ realized profits have risen to $180 million per day, but they are still clearly below the level of over $1 billion during this cycle’s peak...
I swear to God, these Glassnode analysts are just doing hindsight! Does BTC breaking through 78k and 79k count as breaking through a key cost zone? I’ve been holding the position from February 2026—my cost has already been spread into the part that starts with “6” over there! $85k is resistance? WDNMD, you dog-whales—if this breakout can really hold, next week we’re going straight for 90k! The on-chain data looks exciting, but those long-term holders’ profits are just a drop in the bucket. If it’s not $1 billion, don’t tell me it’s a bull market—this washout has me about to vomit!
👇👇👇👇👇