LTH Cost Basis Distribution (CBD) heatmap is lighting up one message: supply is stacked by price, and it matters right now.
Support above $65K isn’t random. It’s rooted in the 2024 H1 accumulation band—a thick pocket of coins last bought in that zone, now acting like a shock absorber as sell pressure hits the market.
But here’s the edge of the blade: if $65K snaps cleanly, that dense “buy wall” turns into air. And the next gravity well sits lower—Realized Price around ~$54K.
So the map is simple:
Hold $65K → accumulation base keeps soaking up supply
Lose $65K decisively → momentum can drag price toward ~$54K where the market’s true average cost waits
#BTC #LTH #PriceAction #CryptoAnalysis #CBDHeatmap