Cryptocurrency analytics company CryptoQuant stated that while claims of Bitcoin hitting a bottom are becoming increasingly common, on-chain data has not yet confirmed this. According to the company’s analysis, in the current scenario where Bitcoin is trading around $80,870, the cost zones of losing investors are creating significant resistance to the price.
The analysis indicated that the realized cost prices of three different investor cohorts were above the current market price. Accordingly, investors who held Bitcoin for 3 to 6 months had a realized cost price of $88,880, while the group of investors who held it for 12 to 18 months had a cost level of $93,450. The highest supply was found in the 6- to 12-month investor group, at $111,850. CryptoQuant stated that each of these levels represents a “break-even point” for investors who have incurred losses.
According to the company, for the bottom to be confirmed, Bitcoin first needs to surpass the $88,880 level and maintain its position above it. The analysis states that short-term rallies alone will not be sufficient; the price needs to strongly defend this level after breaking through. In such a scenario, the newest group of investors would regain profitability, and the initial major selling pressure would dissipate.
CryptoQuant also noted that rallies in the $85,000 to $88,000 range are still facing selling pressure from investors who bought between November 2025 and February 2026. According to the analysis, each upward attempt becomes a significant distribution zone as these investors seek to close their positions without incurring losses.
*This is not investment advice.
Continue Reading: While Everyone Is Focused on Bitcoin’s Rally, an Analysis Firm Has Issued a Warning – “This Level Must Be Breached for Confirmation”
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Author: NixCoin
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