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Get Ready! These 3 Indicators Could Fuel Bitcoin to $85,000
Posted on May 7, 2026 in
News, Bitcoin
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Get Ready! These 3 Indicators Could Fuel Bitcoin to $85,000
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Bitcoin (BTC) price is once again showing strength after successfully rising from the $63,000 area to above $80,000 in the past three months. Now, several key indicators are beginning to signal that the BTC rally may not be over.

According to CoinDesk, there are three major factors currently being watched by traders and market analysts. All three originate from on-chain data, futures market, and options market, all pointing toward the potential for Bitcoin to rise toward the $85,000 area.

This condition is making the market increasingly optimistic again after being shadowed by selling pressure and uncertainty since early 2026.



1. Bitcoin Successfully Breaks Through Two Key On-Chain Levels
The first signal comes from on-chain data, which is considered one of the main foundations in reading Bitcoin market direction.

According to Glassnode, Bitcoin has now managed to stay above two important levels:

True Market Mean around $78,200
Short-Term Holder Cost Basis around $79,100
These two levels are considered important because they represent the average purchase price of active investors and short-term holders.

When BTC prices are above these areas, it means most market participants are in profit. Conditions like this usually strengthen bullish sentiment because selling pressure tends to decrease.

Glassnode states that market attention is now starting to shift toward the next level around $85,200, known as the Active Realized Price. This level is considered the next major resistance area that Bitcoin needs to test.
BTC-0.83%
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