The Week On-Chain 18, 2026

Rickler Feed (@rickler_feed), May 6, 2026, 15:24 UTC

The Week On-Chain 18, 2026 Bulls Approach the Ceiling #BTC pushes beyond $80K toward key resistance near $85K, with bulls in control. ETF demand builds and shorts persist, but overhead supply may cap upside without stronger spot follow-through. Executive Summary - Bitcoin has broken above the True Market Mean at $78.2k and Short-Term Holder Cost Basis at $79.1k, with holding above these levels suggesting a short-lived deep value phase and $85.2k as the next key resistance. - Glassnode’s Moderate Strategy has re-entered allocation after BTC reclaimed ~$76K, capturing recent upside while ma…

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