ChainCatcher Message, Glassnode analyst Chris Beamish states that the heatmap of long-term Bitcoin holders’ cost basis shows a dense support level above $60,000, with long-term holders highly concentrated here.
Further up, there is a dense supply around $80,000, forming a key resistance level. This range defines the current supply chain competition landscape.
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
Jack Dorsey’s Square auto-enables bitcoin payments for millions of U.S. businesses
Jack Dorsey’s Square on Monday announced it began automatically enabling bitcoin payments for millions of eligible U.S. small businesses, marking one of the most aggressive pushes yet to integrate crypto into mainstream commerce.
The Block (XYZ) subsidiary said businesses can now accept bitcoin
CoinDesk3m ago
Is This the Last Dip? Crucial Bitcoin Indicator Points to Final Capitulation Phase
Continued resistance has kept Bitcoin trading within the $66,000-$68,000 range. As sentiment remains fragile, a technical signal seen in 2014, 2018, and 2022 has reappeared.
However, this could be a major accumulation opportunity for long-term investors.
“Golden
CryptoPotato18m ago
BTC 15-minute decline of 0.56%: Whale inflows surge, triggering structural sell pressure
2026-03-30 17:15 to 17:30 (UTC), BTC recorded a -0.56% return within 15 minutes; the price range fluctuated between 66,650.0 and 67,192.9 USDT, with a peak-to-trough amplitude of 0.81%. Short-term downside attracted market attention, and volatility increased.
The main driver behind this deviation was a sharp surge in the transfer amount from a whale wallet to a mainstream exchange ahead of the key window. On-chain data shows that wallets holding over 1,000 BTC accumulated about $420,690 worth of BTC transferred in over the 10 minutes before the deviation, driving the market to react and intensify the volatility.
GateNews50m ago
BTC drops below 67,000 USDT, and the 24-hour price increase narrows to 1.03%
Gate News update: On March 30, market data shows that BTC has fallen below the 67,000 USDT level and is currently trading at 66,982.7 USDT. The 24-hour gain has narrowed to 1.03%.
GateNews53m ago
