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Escape Velocity
Published Source: Glassnode InsightsRead original
Crypto Insight Summary: Bitcoin has moved above the cost bases that held it back this year, and the question now is how far it can go. Profit taking is light, ETF buying is picking up, and the next major resistance sits at the mean MVRV price near $96.7K. Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Mid-term (1-8 weeks) Reasoning: BTC breaking key resistance and ETF inflows signal strong momentum.