$BTC
BTC COST BASIS DISTRIBUTION HEATMAP
The heatmap highlights critical supply clusters where Bitcoin investors have established their cost basis. These levels act as key support and resistance zones, shaping market sentiment and upcoming price movements.
High Accumulation Zones: Indicate strong holder conviction and potential support.
Thin Distribution Areas: Represent low resistance, allowing price to move swiftly.
Cluster Analysis: Supply concentration around recent ranges suggests pivotal levels to watch for the next directional move.
Understanding cost basis distribution is vital for tracking investor positioning, spotting liquidity zones, and managing risk in both short-term and long-term strategies.
Risk Management
Always align entries and exits with clear stop-losses. Manage position sizes wisely to protect capital against volatility.
