Bitcoin cost-basis heatmap shows $85K as strong support zone

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Source: CryptoBriefing Original Title: Bitcoin cost-basis heatmap shows $85K as strong support zone Original Link: https://cryptobriefing.com/bitcoin-support-zone-85000/ Bitcoin’s cost-basis heatmap shows $85,000 as one of the strongest support levels in the current cycle, with nearly 976,000 BTC, worth about $83 billion, acquired around this price, according to on-chain data.

This demand cluster marks a key zone where buyers stepped in with size. The cost-basis heatmap reflects wallet-level acquisition data, highlighting the price points where the most BTC was purchased. High-volume clusters tend to act as support during retracements, as holders are less likely to sell at a loss.

If Bitcoin approaches $85K again, the large concentration of previously acquired coins suggests this level could offer meaningful price stability.

BTC1.6%
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GasFeeCrybabyvip
· 12-22 20:50
85k is a tough hurdle, with 9.76 million BTC sitting here, it must be really strong.
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ApeDegenvip
· 12-22 20:45
The 85k barrier is really tough, with nearly a million BTC rooted here. --- Holders are firmly defending 85k, don't even think about breaking through. --- A cost fortress of 9.76 million BTC, definitely a solid iron gate. --- If 85k can't be broken, someone will step in, that's the game. --- Can the support in the cost zone be trusted? Anyway, I won't move. --- A million coins locked at 85k, where can it fall to? --- Those in the know all understand that there's someone propping up this price. --- 85k is really the psychological price point for Large Investors. --- If this support can't be broken, the rebound will be fierce.
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AltcoinMarathonervip
· 12-22 20:41
just like mile 20 in a marathon, this $85k level is where the real hodlers separate from the weekend warriors. 976k btc screaming "nope, not selling here" — that's institutional conviction, tbh.
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TokenomicsDetectivevip
· 12-22 20:35
97,600 BTC stuck at 8.5K? It would be terrible if it falls down.
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ZenChainWalkervip
· 12-22 20:29
The 85K hurdle, with 9.76 million BTC stuck here, it can't even fall.
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