A closer look at “Bitcoin Recovery Stalls Below $84,000: ETF Investors and Yearly Buyer Cohorts Map Next Sup”, exactly as the source publishes it. Bitcoin’s attempt at recovery has stalled just below the $84,000 mark, leaving its most recent yearly buyer cohort still underwater. According to on-chain data, investors who bought during the past year remain at a loss, creating potential resistance as the price struggles to regain momentum. spot Bitcoin ETFs, which have accumulated significant holdings, are also closely watched as a source of both support and selling pressure.
The average cost basis for ETF investors is estimated around $91,000, meaning many are currently in the red. This dynamic could lead to increased volatility if those holders decide to exit. Conversely, long-term holders from earlier cohorts remain in profit and may provide a floor if prices dip further. This listing links straight to the original page, where the content is available in full.