Analyst: The key support level for Bitcoin is at $81,700, with resistance around $101,000.

GateUser-6433627c · 2026-01-18T10:39:04+00:00

CryptoQuant analyst Darkfost pointed out that Bitcoin faces two important price levels: the cost basis for long-term holders at $101,000 and $81,700, the latter being a support level. Meanwhile, $114,650 is a resistance level for short-term holders, and investors may choose to sell within this range.

GateUser-6433627c

2026-01-18 10:39:04

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On January 18, CryptoQuant analyst Darkfost stated, “The next major challenge for Bitcoin 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 is approximately $81,700, forming 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, and if the price returns to this range, some investors may choose to sell near the breakeven point.”

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