[Bitcoin ETF Cost Basis Around $80,000, Caution Needed for Resistance at This Level] BlockBeats News, March 17, CryptoQuant analyst @AxelAdlerJr stated that there has been a recent rebound in Bitcoin spot ETF inflows, but the Bitcoin price remains $5,174 below the ETF realized price (note: approximately the average cost basis of Bitcoin held by the ETF), which is around $80,000. The analyst noted that a recovery in demand could drive prices upward, but resistance near the $80,000 level might trigger profit-taking. Attention should be paid to upcoming macroeconomic data to assess the potential for a breakout.