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Glassnode: If Bitcoin falls below the current cost basis zone, the next support to watch is $75,000.

BlockBeats news, September 10th, Glassnode posted that BTC is currently constrained by a long-term holder supply wall around $83,000 to $85,000, though investors are still continuously buying at current price levels.


Glassnode stated that if BTC falls below this forming chip concentration zone, the next key level to watch will be $75,000; if it weakens further, a full retracement to around $60,000 cannot be ruled out. BTC faces significant cost basis resistance in the $83,000 to $86,000 range, where approximately 1.07 million BTC were acquired by long-term holders in this区间, with the densest cost area接近 $85,000.

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