Support Level

Bitcoin

2026-10-07 11:34:11

Analysis says 2025 Bitcoin buyers remain underwater, with $88,000 seen as a key resistance level

A market analysis cited by BlockBeats says investors who bought Bitcoin in 2025 remain the only annual cohort that is still underwater on an aggregate basis, with an average cost basis of about $88,000. Bitcoin climbed to $87,500 in September, then moved sideways before slipping below $84,000 on Wednesday. That leaves the market just under the cost basis of the 2025 buyer cohort, a level the analysis says could turn into a meaningful resistance zone if more recent buyers decide to sell as they get back to breakeven. The note also points to other annual cost-basis levels that have acted as support or resistance during the current cycle, including around $82,100 for the 2024 cohort, $65,000 for the 2023 cohort, and roughly $73,500 for the 2026 cohort. Separately, the average cost basis of U.S. spot Bitcoin ETF flows was put at about $82,300, a level that may serve as support if Bitcoin declines further.

20

Bitcoin

2026-10-07 08:03:37

Bitcoin slips near $84,200, while step-like uptrend structure remains intact

Bitcoin fell to about $83,500 on Wednesday before stabilizing near $84,200, down more than 2% from Tuesday’s high of around $86,500, according to BlockBeats. Even with that pullback, the cryptocurrency is still trading inside the $83,000 to $87,000 range that has taken shape over the past two weeks. Giottus CEO Vikram Subburaj said BTC has been building a step-like pattern since July through a series of progressively higher consolidation bands. He pointed to a trading range of $62,000 to $67,000 from mid-July to Aug. 18, followed by a 21% jump over three days. Bitcoin then traded between $76,000 and $81,500 from late August to mid-September, before rising another 6.6% between Sept. 19 and 21 and moving into its current $83,000 to $87,000 band. Subburaj said $83,000 is the key support level at the moment, warning that a confirmed break below it could signal that September’s breakout has failed and open the way for a retest of the $80,000 to $81,500 area. FxPro chief market analyst Alex Kuptsikevich said support near $84,000 is even more important, and a drop below that level could lead BTC toward $80,000.

10

Bitcoin

2026-10-09 07:09:46

JackYi says Bitcoin’s next support is $79,000 and sees a break below it as more likely

Liquid Capital founder JackYi said on X that Bitcoin has lost the $82,000 level and now faces its next support at $79,000. Based on the pace of the decline over the past two days, he said the current pullback is far from over and that he is leaning toward a move below $79,000, after which the market would need to watch the $75,000 area. JackYi also said his team had been watching the pullback from $86,000 for some time but did not open short positions. In his view, the broader market is still in a bull trend, and the current decline falls within the range of normal volatility during a bull market. He described his approach as watching pullbacks in a bull market without shorting them, and waiting patiently for the correction to run its course before considering buying the dip. On entry levels, he said traders should not guess in advance because market conditions and the broader environment keep changing.

10

Bitcoin

2026-10-03 08:44:17

Ali Charts flags $82,500 as key Bitcoin support after whale selling near $87,000

Crypto analyst Ali Charts said Bitcoin’s earlier move toward $87,000 ran into resistance as large holders took profits during the advance and because that level sits near the top of a channel that has recently capped BTC. He said whale holdings fell by about 30,000 BTC over the past week, worth roughly $2.52 billion, while the broader market traded sideways, suggesting some large players were cutting risk exposure. Ali Charts is now watching the lower end of the channel near $82,500 as a support zone. According to his view, if BTC pulls back to that area and whales begin accumulating again, it could offer a dip-buying signal and set up another attempt to test resistance around $87,000.

320

Bitcoin

2026-09-13 12:35:36

Analyst says Bitcoin faces resistance at 50-week moving average, with $75,500 support in focus

Crypto analyst Ash Crypto said Bitcoin has run into resistance near its 50-week moving average, putting the market’s next support levels under close watch. According to his post, if BTC closes the week below that line, the next support sits at $75,500. If that level also breaks, attention would shift to the 200-week moving average, which he said is currently around $65,000. Ash Crypto added that Bitcoin would need to reclaim the 50-week moving average by the weekly close to confirm that $57,000 was the bottom and that a bull market had started. He also pointed to two earlier instances when Bitcoin was rejected around the same moving average, saying both were followed by sharp declines. The comments frame the 50-week moving average as the key level for traders watching Bitcoin’s next move.

840

Bitcoin

2026-09-13 12:25:20

Garrett Jin says Bitcoin bulls look vulnerable as prolonged range near $76,500 tests support

Garrett Jin, described in the source as the agent of the "BTC OG insider whale," shared a market view on Sept. 13 saying Bitcoin bulls are in a difficult position. He said BTC has been stuck above $76,500 and that he does not like the current grinding price action. In his view, the longer this type of bottoming pattern drags on, the greater the chance that support will give way and price will move down to seek a lower support level instead of reversing quickly. Jin also said Bitcoin would need to reclaim and hold $78,300 at a minimum to look stronger. The remarks were cited by BlockBeats as a market opinion rather than a confirmed market event.

900

Bitcoin

2026-09-03 12:05:01

Glassnode: Bitcoin Consolidates Between $83K-$86K, $62K-$65K Key Support

Glassnode reports that Bitcoin's mid-August short squeeze rally stalled near $80,000, with the price now consolidating in the $83,000-$86,000 range. On-chain data shows the percentage of supply in profit rose to 68%, while short-term holder cost basis shifted to $71,000, indicating increased selling pressure. The 10-year U.S. Treasury yield rebounded to 4.8%, spot Bitcoin ETF daily net inflows averaged $290 million, but secondary market daily volume was only $3 billion. The September 25 quarterly options expiry, with $14 billion in open interest, is a key volatility reference.

1020

Bitcoin

2026-08-02 11:26:47

Bitcoin Slides to a Two-Week Low as Traders Watch the $62,000 Support Zone

Bitcoin came under pressure again at the end of July, slipping to its lowest level in two weeks and putting the market’s focus on whether price could fall toward the $62,000 area. The analysis cited by Odaily said trading activity in crypto picked up sharply during a period of heavy volatility in South Korean equities, pointing to a tighter link between crypto liquidity, regional stock position adjustments, and broader sentiment across the technology sector. Despite the late-month weakness, BTC/USD still ended July up about 8.5%, marking its strongest July performance since 2022. That split has left traders with two competing views for August. Some are warning that price action could resemble patterns seen during the 2022 bear market. Others think Bitcoin may extend its rebound into August, while still looking to the 2022 cycle as a reference for a market that could see a temporary recovery before searching for a longer-term bottom.

1970