Bitcoin Reaches Crucial Threshold: Will $79,200 Mark a Turning Point or a Barrier?
As bitcoin approaches $77,013.25, it is facing a critical juncture, testing two key on-chain resistance levels after approximately 75 days of sideways movement since its local bottom on February 6 at $60,000, now that it has surpassed $78,000. The first key metric is the True Market Mean, which is currently valued at $78,200. This figure, as tracked by Checkonchain, represents the average purchas…
April 22, 2026, 8:45 a.m.