π· CryptoQuant: $79,000 β Key Bitcoin Support Level
CryptoQuant highlights that $79,000 is one of the most critical support zones for Bitcoin.
Notably, this level closely aligns with the realized price β the average entry price of US spot Bitcoin ETF investors.
At BTC β $79,000, most ETF holders are at breakeven. A sustained drop below this level could push institutions into unrealized losses, triggering profit-protection measures, forced selling, and additional downside pressure on the market.
In short: $79,000 isnβt just a chart level β itβs a psychological and institutional line in the sand for Bitcoin.
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