A make or break moment: Will $79,200 act as a launchpad or a ceiling for bitcoin?

True Market Mean and Short-Term Holder cost basis form a critical $78.2K to $79.2K range that could define the next major move. What to know : The True Market Mean, currently around $78,200, represents the average cost basis of actively traded coins and is acting as immediate resistance. The Short-Term Holder cost basis, near $79,200, reflects the average entry price of recent buyers, who remain underwater and could add to sell pressure if the level is not reclaimed.(Coindesk)