Analyst Darkfost says Bitcoin is currently fighting between two major cost-basis levels:
🟢 $71,300 — Active Supply Cost Basis
This level represents the average cost of BTC currently in circulation and could act as strong support.
🔴 $79,800 — Invested Capital Cost Basis
Bitcoin has faced multiple rejections around this level, making it an important resistance zone.
Interestingly, this setup looks similar to a structure seen near the end of the 2023 bear market.
So the big question is:
Will $BTC reclaim $79.8K and break higher, or lose $71.3K and face deeper pressure? 👀
Watch these two levels closely. 📊🔥
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