Bitcoin Trades 15% Below Glassnode's $77,200 True Market Mean

BTC-2.29%
According to Glassnode's Week Onchain report, Bitcoin is trading approximately 15% below its True Market Mean, which the model places at $77,200. The True Market Mean is a cost-basis model that tracks the average acquisition price of economically active coins on the blockchain. Trading below this level typically indicates the market remains in a repair phase rather than a confirmed bullish recovery, with short-term holder stress keeping sentiment cautious.
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