87,000 dollars after that, as BTC holders refuse to sell

Bitcoin found support at the main level of 80,000 dollars, which prompted a recovery. However, the 200 -day moving average is now a great resistance, indicating a possible unification stage within the range of 87 thousand dollars to 87 thousand dollars in the short term.

Technical analysis

by Shayan

Daily chart

Bitcoin recently printed a bullish recovery after finding strong support in a major range from $ 75,000 to $ 80,000. This region has worked historically as a psychological and artistic floor, and emphasized the bullish difference between the RIC and Price index slowing down in the declining momentum, which indicates the interest of the renewed buyer.

However, the current gathering is close to the critical resistance level, which is the moving average for 200 days at 87 thousand dollars.

This MA works as a dynamic resistance area and can limit the price in the short term. As a result, Bitcoin is likely to continue unifying within the range of 87 thousand dollars to 87 thousand dollars until a decisive outbreak occurs. If the bulls succeed in pressing the MA for 200 days, the next main goal lies at the level of 100,000 psychological dollars.

The graph for 4 hours

In the low time frame, Bitcoin found strong support in the descending channel midfield, which increased the impulse, a possible signal of accumulation at these levels. The price is now testing the upper limits of the channel near 84 thousand dollars.

The sure collapse above this trend line, and the previous high will nullify the declining structure, and open the path towards the 90,000 -dollar key resistance area.

On the contrary, the failure to break this level would enhance the current declining market structure, which probably leads to renewed pressure in the middle of the period.

Series analysis

by Shayan

The achieved CAP UTXO Age ( %) is a strong scale on the chain that breaks the Bitcoin cover cover in the UTXOS era (unintended transactions outputs), providing an insight into the investor’s behavior based on the period of retention.

According to the latest data, the portion of the coins kept by the dust from 3 to 6 months and 6 to 12 months is steadily climbing. This height is closely reflected in the accumulation patterns that were seen during the lengthy correction in the summer of 2024, which reflects the increasing condemnation between the holders.

This behavior indicates the direction of “hunting”, where investors keep their currencies despite the continuous correction of the market, and they refrain from selling even in the face of volatility. With more coins moving to long -term hands, the available width is shrinking, which increases bitcoin scarcity.

Historically, these supply restrictions, when you meet renewed demand, were incentives for strong prices. These dynamics often determine the way to discover prices and the highest new levels ever.

Therefore, the current structure indicates that continuous clouds are less likely to start the bear market and probably a healthy correction within a wider rise cycle.