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Bitcoin is only 4.79% below the threshold after a sharp rally, so a trimmed-mean reading above $85,000 by September 30 is favored.
The latest evidence is mixed: price and ETF flows improved sharply, but short covering, nearby holder supply and stretched momentum point to an early pullback. Bitcoin nevertheless sits just 4.79% below the threshold with most of September remaining, leaving ample time for renewed buying to lift the smoothed measure. A brief spot spike may be insufficient because the calculation removes extremes and averages the remaining observations. No supplied observation confirms the current cumulative trimmed mean, so spot prices are informative proxies rather than proof of resolution.
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