MarketPR
$BTC is in focus at $81,700 after CryptoQuant identified that level as the threshold bitcoin needs to clear to confirm a new bull market.
The on-chain analytics firm sees the outlook as bullish but attaches a condition: a significant resistance band runs from that level through $88,700, and working through it is the test the thesis has to pass.
CryptoQuant structures the call in two parts. Clearing $81,700 is the first gate, the one that converts the directional read into a bull market confirmation.
Above that, the resistance does not end, because the firm extends the band all the way to $88,700.
Keep reading