Analyst Points To $82,000 As Most Crucial Bitcoin Price Level — Here’s Why

In a not-so-surprising turn of events, the bearish orientation of the Bitcoin price has continued into the month of December, suggesting that the premier cryptocurrency could end the year in the red. Interestingly, recent on-chain data has offered insights into the likely direction of Bitcoin based on the integrity of an important price level.
Active Market Participants’ Cost Basis At $82,000
In a December 5 post on the X platform, market analyst Burak Kesmeci shared an interesting outlook