📉 $79.300 — The Magic Price of Bitcoin ETFs in the USA

This is the average purchase price of American Bitcoin ETFs.

In other words: below this, many of these funds start to incur losses — and this can turn this level into critical support for the market.

🛑 If we hold above $79.3K:

➡️ selling pressure decreases

➡️ confidence in ETFs returns

⚠️ If we lose:

➡️ risk of panic selling by institutional investors who have never faced a heavy bear market.