Key Takeaways:
$88.88K was identified as the first major resistance level above the current bitcoin price.Underwater holder cohorts could increase sell pressure as BTC approaches key realized price bands.Sustained acceptance above $88.88K would place the most recent holder cohort back into profit.“Every one of these levels is a break-even exit point for a different wave of trapped buyers.”
Realized price reflects the average acquisition cost for holders within each age band. The analysis said a move above $88,880 would place the newest underwater cohort back into profit, potentially reducing immediate sell pressure from investors attempting to exit at break-even.
“For the bottom to be confirmed, price needs to clear $88.88K and hold – not wick through, not retest and fail.”
