Bitcoin stays above $70,000 as spot ETF cost basis nears $79,900 test

Bitcoin is holding above $70,000 while the average entry price for US spot BTC ETF investors sits near $79,900, putting many buyers close to breakeven. Data cited in the report shows ETF flows turning positive, with daily inflows peaking above 3,300 BTC on March 2 and total holdings rising to 1,291,618 BTC. Analysts also point to improving order flow and derivatives metrics, keeping attention on a potential $80,000 test in the weeks ahead.