The One Level That Will Decide the Next Crypto Market Trend
$BTC is currently trading below a critical on chain level the average cost basis of coins last moved 6 to 12 months ago. Historically, this zone plays a major role in defining broader market direction. When price stays below it market structure typically remains bearish with downside risk or extended consolidation more likely than sustained upside.
This 6 to 12 month holder cost basis represents investors who entered during earlier phases of the cycle and often act as a key supply zone. If $BTC cannot reclaim this level it suggests that these holders may continue to provide overhead resistance keeping the broader trend under pressure.
At the moment this important threshold sits near the $100,000 level. After weeks of sideways movement Bitcoin is beginning to show early signs of a rebound making this zone the most important area to monitor. A clean break above it would signal a meaningful shift in market structure historically marking the transition from corrective phases into renewed bullish trends.
On the other hand repeated rejection below this level would confirm that the broader downtrend is still intact. In that case rallies may continue to fade rather than expand.
Ultimately the path forward for Bitcoin and the wider crypto market depends on this single level. Price action around $100K will likely determine whether the next phase is recovery or continued weakness on Binance Square.
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