Bitcoin is back above the 'True Market Cost Line'! This chart from Glassnode is, in my opinion, super critical. Currently, BTC is around $86,923 and has reclaimed two key on-chain cost lines: True Market Mean: $76,746 Short-Term Holder Cost: $71,763 What does this mean? In simple terms: The current market price is now higher than the major on-chain cost zones for the overall market. Especially the True Market Mean, which can be understood as one of the key on-chain models for measuring market cost benchmarks. The most noteworthy part of the chart is actually those green zones. When BTC can consistently stay above these cost lines, Glassnode marks it as a Bullish Regime. And right now— BTC hasn’t just reclaimed these levels; it’s pulled away by a significant margin. This is different from just a simple 'price increase.' A price increase might just be a rebound, but if the price breaks through key cost benchmarks and holds above them on a retest, it means more and more market participants are returning to profit zones, and those cost lines may gradually shift from resistance to support. So what I’m most focused on next isn’t whether BTC can immediately shoot to $100K. It’s this: Can the $76K–$77K True Market Mean hold? If it holds, it means the structure of this breakout remains intact. If it falls back below, then we’ll need to reassess. A true bull market isn’t about a 10% pump in one day. It’s about every pullback holding above increasingly higher cost lines. Right now, BTC is back on the bullish side. ₿