CryptoQuant:
$79,000 is a key Bitcoin support
According to CryptoQuant, the $79K level is one of the most important support zones for Bitcoin. This price closely matches the realized price (average entry) of US spot Bitcoin ETF investors.
At BTC ≈ $79,000, most ETF holders are at breakeven. A sustained break below this level would push institutions into unrealized losses, which could trigger profit-protection behavior, forced selling, and additional downside pressure on the market.
In short: $79K isn’t just a chart level — it’s a psychological and institutional line in the sand.