53% of Bitcoin's realized capital sits above $83,000
- —53% of the network's realized capital is held at a cost basis above $83,000
- —The biggest cost-basis cluster sits at $84,000–85,000 and may act as resistance
- —Potential support on a decline is seen at $77,000–79,000
- —US spot Bitcoin ETFs saw $679 million in net outflows from October 5–9
Why it matters: The $84,000–85,000 zone is the key test for Bitcoin's recovery: a breakout would absorb supply, while a rejection refocuses attention on $77,000–79,000.
Source: Happycoin.club