Bitcoin Hits $79,472 as Positioning Turns Bullish
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- Bitcoin hit $79,472, its highest price in 28 days since April 2025.
- Axel Adler Jr. reported the Bitcoin positioning index rose to 4.5, up from -10.9 in February.
- Open interest grew 6.7% to 260,000 BTC over the past 24 hours, confirming new capital inflow.
- Crazzyblockk flagged the $72,000–$75,000 zone as a support floor backed by mid‑term holders' realized prices.
- Realized price for the 3‑6‑month holder cohort sits at $91,600, marking a key supply zone at $88,000–$91,000.
Why it matters: Long‑term Bitcoin holders gain as price climbs toward the $88,000–$91,000 supply zone, while short‑term traders risk losses; the surge in open interest also fuels higher fees for exchanges.
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