#Bitcoin 's range narrows between active supply support and capital break-even resistance.

For now, $BTC continues trading above the key active supply cost basis level.

This is a cost basis calculation where the oldest $BTC have been deliberately excluded, keeping only the coins that are genuinely circulating in the market. This yields a cost basis of $71 300, which is acting as a significant support level.

#BTC Price Analysis# #Bitcoin #Crypto#