2h ago
Bitcoin Price Nears $79,900 ETF Cost Basis as $80,000 Target Tests Bull Market Momentum
Bitcoin’s climb above $70,000 has brought it close to the average $79,900 entry level for U.S. spot BTC ETF investors. Onchain and derivatives data show ETF inflows turning positive, buyers outpacing sellers on major exchanges, and key trend indicators such as the 100-day EMA being retested. A sustained move toward $80,000 could decide whether bullish momentum extends or stalls around the ETF breakeven zone.