Bitcoin Must Clear $81,700 Resistance to Confirm Bull Market, CryptoQuant Says

This is a technical framing from an on-chain data provider, not a fundamental catalyst, so its weight depends on how much the market treats CryptoQuant's cost-basis models as a consensus reference. The notable tension is the pairing of a bullish outlook with a clearly defined ceiling: it effectively turns a specific price band into the market's confirmation test, which can make positioning around that level self-reinforcing. Whether bitcoin's spot demand can absorb supply at that resistance, rather than the resistance level itself, is the open question.