CryptoQuant: Bitcoin is nearing the average investor cost of $81,500; a break below this level could trigger selling pressure and push the price down further.

According to CryptoQuant analyst MorenoDV, Bitcoin's price is nearing the average investor cost of $81,500. A sustained move above this level would support continued upward momentum, while a break below could trigger selling pressure and a further decline. The market is currently consolidating, and the AVIV ratio indicates that investors are adjusting their positions.