Glassnode: BTC Recovers Above Actual Market Average…Next Target $80K

Bitcoin (BTC) has once again surpassed its actual market average (TMM—average price paid by active traders in the market), marking a return to a strong upward trend, according to on-chain analytics firm Glassnode. In a post on X, Glassnode explained that the next key price level to overcome is approximately $80,000, representing strategic accumulation levels for institutional buyers, with another major threshold near $85,638—the average purchase price of U.S. spot ETFs.

Charts referenced by Glassnode show TMM at $76,660, institutional accumulation level at $84,210, and ETF average buy-in at $85,638.