Bitcoin traders, pay attention to this zone โ€” because history says it matters.

Analyst Darkfost just flagged that $BTC has entered a critical cost-basis range between $71,300 and $79,800, and the setup echoes what we saw near the end of the 2023 bear market. ๐Ÿ‘€

Why this range matters:

๐ŸŸข $71,300 โ€” Active Supply Cost Basis

This tracks the average cost of $BTC actually moving in circulation. As long as price holds above this level, it can act as a structural floor โ€” a sign that circulating supply is still sitting in profit.

๐Ÿ”ด $79,800 โ€” Invested Capital Cost Basis

This is the average cost across all invested capital, and it's rejected price multiple times already. Until $BTC clears this convincingly, it remains a ceiling bulls need to break.

What this means for the market:

Right now, Bitcoin is essentially fighting a tug-of-war inside its own cost structure. Hold above $71.3K, and bulls keep the higher-timeframe uptrend intact. Lose it, and the market risks slipping into a deeper capitulation phase โ€” similar to what preceded the 2023 recovery.

This zone isn't just a chart pattern โ€” it's where real money made real decisions. Watching how BTC behaves here could tell us a lot about the next major move. ๐Ÿ“ˆ๐Ÿ“‰

Which side are you leaning โ€” floor holds, or ceiling breaks first? ๐Ÿ‘‡

#Bitcoin #BTC #CryptoAnalysis #BinanceSquare

Disclaimer: Analysis based on third-party commentary, not financial advice.