CryptoQuant: $84K–$85K Is Bitcoin's Key Resistance, $77K–$79K Support
- —53% of capital invested in BTC entered above $83,000
- —Largest cost-basis cluster sits at $84,000–$85,000
- —Support zone identified at $77,000–$79,000
- —BTC trades near $83,600, 34% below its $126,080 peak
Why it matters: A break above $85,000 would confirm supply absorption and extend the rebound, while a drop below $77,000 would weaken support.
Source: Digital Today