Is Bitcoin Building a Base or Losing Momentum at Key Cost Levels?

TLDR: Bitcoin trades near TMMP, reflecting the average investor entry price and market support. AVIV ratio shows profitability and conviction compression, signaling measured reallocation. Holding above TMMP suggests supply absorption and resilience in investor positioning. TMMP breakdown with AVIV compression may indicate fading profitability and weaker demand. Bitcoin cost basis is currently guiding market behavior [...]

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