Bitcoin Faces Firm Resistance Near Short-Term Holders’ Cost Basis

BitcoinWorld Bitcoin Faces Firm Resistance Near Short-Term Holders’ Cost Basis Bitcoin is encountering notable resistance in the $67,000–$72,000 range, where the realized price of short-term holders with one- to six-month holding periods is concentrated, according to on-chain analyst ShayanMarkets.

With the cryptocurrency currently trading near $65,000, this zone represents a critical supply area that could influence price action in the coming sessions.

Understanding the Resistance Zone ShayanMarkets, citing the “Realized Price UTXO Age Bands” chart, explains that both the one- to three-month and three- to six-month holder cohorts are currently sitting on unrealized losses.

As Bitcoin approaches their average cost basis, these holders may opt to sell portions of their positions to cut losses, creating selling pressure that reinforces the resistance.