Bitcoin traders, pay attention to this zone â 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. đ
Why this range matters:
đą $71,300 â 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 â a sign that circulating supply is still sitting in profit.
đŽ $79,800 â 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 â similar to what preceded the 2023 recovery.
This zone isn't just a chart pattern â it's where real money made real decisions. Watching how BTC behaves here could tell us a lot about the next major move. đđ
Which side are you leaning â floor holds, or ceiling breaks first? đ
#Bitcoin #BTC #CryptoAnalysis #BinanceSquare
Disclaimer: Analysis based on third-party commentary, not financial advice.
