$BTC sitting at a critical juncture.
CryptoQuant data shows $80k is the average cost basis across the market. Break above and hold? Tons of supply flips back to profit.
But there's a fat resistance wall at $84.5k. That's where the real battle starts.
Below $80k = underwater holders panic selling. Above $84.5k = next leg up unlocks.
Price action here decides if we chop or rip.
CryptoQuant data shows $80k is the average cost basis across the market. Break above and hold? Tons of supply flips back to profit.
But there's a fat resistance wall at $84.5k. That's where the real battle starts.
Below $80k = underwater holders panic selling. Above $84.5k = next leg up unlocks.
Price action here decides if we chop or rip.