Three signals pointing to a possible bitcoin move to $85,000

Bitcoin is showing a rare alignment across on-chain data, futures positioning, and options flows that points to further upside.

AI Summary

Bitcoin has risen from roughly $63,000 to over $80,000 in the past three months, with three key signals suggesting a potential move to $85,000: the price has broken above important cost basis levels like the True Market Mean ($78,200) and Short-Term Holder Cost Basis ($79,100), funding rates have shifted from negative to neutral reducing short pressure in futures markets, and options positioning around $82,000 is turning supportive with dealers short gamma that could force additional buying pressure. These aligned signals across on-chain data, futures, and options markets indicate potential further gains ahead.

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