BTC Short-Term Holder Supply Hits 4-Month High! đ
âBitcoin ($BTC ) short-term holder supply just climbed to 4.08M BTCâup 12% (+422K BTC) since late July! New buyers have actively accumulated around the $82Kâ$86K range, signaling strong fresh demand.
âHowever, higher short-term holdings mean potential volatility if price shifts!
âđ Key Levels to Watch
âđ Current Price: ~$83,100
âđŻ Resistance / Breakout Target: $85,000 âĄïž $87,800
âđĄïž Key Support: $80,200 â $81,500
âđ STH Average Cost Basis: ~$74,900
âđĄ The Bottom Line
âBullish Case: A confirmed breakout above $85,000 unlocks momentum toward $87,800+.
âRisk Factor: Losing the $80,200 support could spark paper-hand panic selling among recent buyers.
â⥠My Take: Fresh capital is entering, but accumulation alone won't pump the market without volume. Keep your eyes strictly on the $85K resistance vs $80.2K support breakdown!
âAre you buying the dip or holding back? Share your setup below! đ
â$BTC $ETH $SOL
â#bitcoin #CryptoMarket #Onchain #BinanceSquare #trading
âBitcoin ($BTC ) short-term holder supply just climbed to 4.08M BTCâup 12% (+422K BTC) since late July! New buyers have actively accumulated around the $82Kâ$86K range, signaling strong fresh demand.
âHowever, higher short-term holdings mean potential volatility if price shifts!
âđ Key Levels to Watch
âđ Current Price: ~$83,100
âđŻ Resistance / Breakout Target: $85,000 âĄïž $87,800
âđĄïž Key Support: $80,200 â $81,500
âđ STH Average Cost Basis: ~$74,900
âđĄ The Bottom Line
âBullish Case: A confirmed breakout above $85,000 unlocks momentum toward $87,800+.
âRisk Factor: Losing the $80,200 support could spark paper-hand panic selling among recent buyers.
â⥠My Take: Fresh capital is entering, but accumulation alone won't pump the market without volume. Keep your eyes strictly on the $85K resistance vs $80.2K support breakdown!
âAre you buying the dip or holding back? Share your setup below! đ
â$BTC $ETH $SOL
â#bitcoin #CryptoMarket #Onchain #BinanceSquare #trading