đš BREAKING NEWS: Bitcoinâs recovery stalls just short of rescuing its last underwater cohort
Only one yearly bitcoinBTC$83,795.03buyer cohort remains underwater, according tocheckonchain data: investors who bought in 2025, with an average cost basis of approximately $88,000, which may now be forming a key resistance level due to sell pressure from relatively recent buyers.
Bitcoin reached a monthly high of $87,500 in September before trading sideways and subsequently retreating below $84,000 as of Wednesday.
These yearly volume-weighted cost bases have acted as support and resistance throughout the cycle. As bitcoin approaches a cohortâs average purchase price, some investors may look to exit at breakeven, while others may add to their positions.
Bitcoin climbed to approximately $82,100 in May, matching the 2024 cohortâs average cost basis, before encountering resistance and falling back to $60,000. It eventually broke above that level in August.
đ [Äá»c toĂ n bá» bĂ i viáșżt táșĄi báșŁn gá»c](https://www.coindesk.com/markets/2026/10/07/bitcoin-s-recovery-stalls-just-short-of-rescuing-its-last-underwater-cohort)
đ° Nguá»n: đȘ CoinDesk
$BTC $ETH #BinanceSquare #CryptoNews
Only one yearly bitcoinBTC$83,795.03buyer cohort remains underwater, according tocheckonchain data: investors who bought in 2025, with an average cost basis of approximately $88,000, which may now be forming a key resistance level due to sell pressure from relatively recent buyers.
Bitcoin reached a monthly high of $87,500 in September before trading sideways and subsequently retreating below $84,000 as of Wednesday.
These yearly volume-weighted cost bases have acted as support and resistance throughout the cycle. As bitcoin approaches a cohortâs average purchase price, some investors may look to exit at breakeven, while others may add to their positions.
Bitcoin climbed to approximately $82,100 in May, matching the 2024 cohortâs average cost basis, before encountering resistance and falling back to $60,000. It eventually broke above that level in August.
đ [Äá»c toĂ n bá» bĂ i viáșżt táșĄi báșŁn gá»c](https://www.coindesk.com/markets/2026/10/07/bitcoin-s-recovery-stalls-just-short-of-rescuing-its-last-underwater-cohort)
đ° Nguá»n: đȘ CoinDesk
$BTC $ETH #BinanceSquare #CryptoNews
