Bitcoin is squeezing into the $78k ‘True Market Mean’ with Fed and retail data set to decide next move

Bitcoin is pushing up against a patch of resistance right as the bigger economic picture gets trickier. The price is pushing toward $75,000, with some important on-chain sellers stepping in and two big US data releases on deck. These will determine whether Bitcoin can break through $ 78,1 and get knocked back again. According to an Apr. 15 report by Glassnode, the current setup is at a measurable level of tension. Sh…