Average cost to new buyers.
The dashed line shows the average price paid by those who bought Bitcoin one to three months ago.
It's currently around $79,300.
Bitcoin closed at $74,800 on November 8, about 5.7% below that level.
Most new buyers are now incurring losses.
The significance of this:
When new buyers are in a difficult position, some may sell when the price returns to their cost of buying, simply to break even.
This could make breaking through the $79,000 level even harder.
In 2026, the price stayed below this line for several consecutive months (February-April and June-August) before recovering.
What to watch for:
1️⃣ The top of the chart turning green again (buyers regaining control)
2️⃣ The price closing above approximately $79,000 again (new buyers returning to profit).
Both together would be a much better sign than either alone.
#BitcoinDunyamiz
The dashed line shows the average price paid by those who bought Bitcoin one to three months ago.
It's currently around $79,300.
Bitcoin closed at $74,800 on November 8, about 5.7% below that level.
Most new buyers are now incurring losses.
The significance of this:
When new buyers are in a difficult position, some may sell when the price returns to their cost of buying, simply to break even.
This could make breaking through the $79,000 level even harder.
In 2026, the price stayed below this line for several consecutive months (February-April and June-August) before recovering.
What to watch for:
1️⃣ The top of the chart turning green again (buyers regaining control)
2️⃣ The price closing above approximately $79,000 again (new buyers returning to profit).
Both together would be a much better sign than either alone.
#BitcoinDunyamiz
