Bitcoin News
By Dan Saada
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Long-Term Holders Are Sitting on a Breakeven Trigger. Here's the core problem. Long-term holders — defined as wallets that have held Bitcoin for at…
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The Technical Picture Isn't Helping. Strip away the on-chain data and the chart alone looks rough.
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What Bitcoin Needs to Break Through. Clearing $83,000 isn't just a price target — it's a stress test for demand.
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Bitcoin can't seem to catch a break above $80,000. Glassnode's latest analysis makes it pretty clear — the real test for bulls isn't holding $80K, it's what happens when price…
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And the pressure isn't coming from one direction. It's stacking up from multiple angles at once.
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Here's the core problem. Long-term holders — defined as wallets that have held Bitcoin for at least six months — are sitting near a breakeven point close to $83,000.
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That second piece is worth slowing down on. New orders have appeared on exchange books above the current spot price — sellers placing their asks above where Bitcoin is trading…
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So you've got holders who want out near breakeven, and you've got sellers who've pre-loaded orders above spot. Both groups are sitting in the same $83K-$86K band.
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Strip away the on-chain data and the chart alone looks rough. Bitcoin's 50-week exponential moving average sits at $77,353. The 100-week EMA is at $78,485.
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Then there's the 365-day volume-weighted average price, sitting at roughly $82,600. VWAP at that level basically means the average buyer over the past year is barely above water.
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See also: XRP Funds Surge as Bitcoin ETF Inflows Drop to $232M, Smallest Since August
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All three of those levels — the two EMAs and the VWAP — are converging near $80,000. That's why the $80K zone has become such a focal point.
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Some analysts aren't exactly rushing to call a trend reversal either. Previous reporting has floated the idea that the bear market could drag on through the end of 2026, with a…
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Clearing $83,000 isn't just a price target — it's a stress test for demand. The market needs genuine buying momentum, not a quick spike that fades back under the level within…
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The ask liquidity sitting above spot is probably the most telling signal right now. Those sellers aren't panicking. They're patient. They've set their orders and they're waiting.
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