Bitcoin vs. ETF Breakeven: Is $80K the Wall to Watch?Bitcoin/USDTOKX:BTCUSDTbehdarkThe ETF inflows have turned positive again after the sharp drop in February, indicating that demand is starting to return. So far, so good! However, there’s a concerning point: Bitcoin is still trading roughly $5,174 below the average purchase price of ETF investors. This means a large portion of these investors is still at a loss. So, even though demand is coming back, their breakeven level could turn into a “price ceiling.” This ceiling is around $80K (ETF Realized Price) and could act as a strong resistance. After completing wave C, the price moved upward according to previous analyses. This move has not been very strong and appears to be an X wave. The price is expected to be rejected downward from the red zone, as a bearish trendline also crosses this area. Targets are marked on the chart. It’s better to break even at the first target. Make sure to follow proper money management and risk control in your position. If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you. Do you also think BITCOIN is bullish?