📊 #BTC: Cost Basis Heatmap Analysis
The latest distribution #data shows significant clusters of coin accumulation. Here’s the breakdown:, Main Scenario: Consolidation (60-70% probability)
The bulls are currently showing weakness, with $71k, $73k acting as solid resistance. However, a strong support cluster has formed near $60,000. The price is expected to remain in the $60k, 72k range as liquidity builds ahead of the next #major move., #Bullish Breakout (15-25% probability)
If we break above $72,000, the next target is the $83k, $85k cluster. This zone will likely pause the rally, giving the