BlockBeats News, January 18 — CryptoQuant analyst Darkfost stated, "Bitcoin’s next major challenge is to recover the cost basis of the first group of long-term holders (holding for 6 to 12 months), which is currently around $101,000. The cost basis for long-term holders with 12 to 18 months of holding is approximately $81,700, which forms an important support zone. If Bitcoin retraces to this area, these holders are likely to defend their average purchase price. Investors who bought near the January 2025 high are still holding their positions.
On the upside, there is resistance around $114,650, corresponding to the cost basis of short-term holders (holding for 3–6 months). This group has significantly built positions near the high points. If the price returns to this range, some investors may choose to sell near the breakeven point."
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Mining Cost Rises to $88,000, Miners Lose Approximately $19,000 Per Coin
Rising energy prices and tensions in the Middle East have increased Bitcoin mining costs, with current production costs around $88,000 per BTC. Miners are losing nearly $19,000 per coin, representing an overall loss of 21%. Network mining difficulty has decreased by 7.8%, hashrate has declined, and the market may face selling pressure.
GateNews50m ago
Trump Issues 48-Hour Ultimatum to Iran, Bitcoin Drops Below 69,200 on Weekend
On March 22, following Trump's ultimatum to Iran, Bitcoin fell below $69,200, declining 2.2% over 24 hours. Market sentiment impacted mainstream crypto assets broadly, with declines across the board despite the Federal Reserve maintaining interest rates unchanged. War risk has made traders cautious. If Iran fails to restore Strait of Hormuz passage, the conflict could escalate, impacting global energy transportation.
GateNews51m ago
Kentucky Push to Regulate Bitcoin ATMs Snags Hardware Wallet Providers in Legal Crosshairs
An amendment to Kentucky’s House Bill 380 has sparked controversy for proposing to impose strict requirements on hardware wallet providers.
Spotlight Shifts to Hardware Providers
A last-minute amendment to a Kentucky regulatory bill has ignited a fierce debate between state lawmakers and the
Coinpedia1h ago
Szabo Warns Developers Not to Break Bitcoin - U.Today
Nick Szabo emphasizes the importance of Bitcoin's trust-minimized security, warning that careless development could jeopardize its value. He also notes that Bitcoin is beginning to function as a global currency, particularly in developing nations with weaker currencies.
UToday1h ago
