🚨 Bitcoin is approaching a major supply wall.
Around 1.05M BTC held by long-term holders sits between $83K–$86K, making it the first major cost-basis shelf above the current ~$79K spot price.
What makes this zone important? Most of this supply held through the entire drawdown. If BTC returns to $83K–$86K, we’ll find out whether these patient holders stay confident—or finally sell at breakeven.
That zone could be one of the biggest tests for $BTC next move. 👀
Around 1.05M BTC held by long-term holders sits between $83K–$86K, making it the first major cost-basis shelf above the current ~$79K spot price.
What makes this zone important? Most of this supply held through the entire drawdown. If BTC returns to $83K–$86K, we’ll find out whether these patient holders stay confident—or finally sell at breakeven.
That zone could be one of the biggest tests for $BTC next move. 👀
