Analyst: Bitcoin faces 67,000 and $72,000 in cost line resistance, or potential outage

According to CryptoQant Analyst Shayan Markets, the realized price of Bitcoin UTXO time horizon shows that the average holding costs for investors of one to three months and three to six months, respectively, are estimated at US$ 67,000 and US$ 72,000, both of which are currently higher than the BTC spot price of about US$ 65,000, which means that both groups of holders are in an overall state of loss. Of these, a cost line of $67,000 for holders of one to three months is closer to current prices. If the BTC continues to rebound, the holder who was previously in a deficit position may reduce the position when the price is returned to the immediate vicinity of the cost, thus creating resistance to that position. The cost line of $72,000 for holders of 3 to 6 months constitutes a higher set of resistance. If the BTC were to be able to get back on those two levels, the realized prices would mean that the market was absorbing the potential sales of recent buyers and would strengthen its recovery judgement. Until then, there was still considerable resistance over bitcoin。