Cost Basis Clusters: Where Smart Money Is Positioned

[madtrader]

One of the most useful tools for spotting opportunity is Bitcoin’s cost basis distribution. Current data shows a dense accumulation zone around $84,000–85,000 — the largest supply cluster seen since 2020. This suggests a large number of holders established positions there and may defend that level.

In previous cycles, similar clusters formed before sustained uptrends. For longer-term participants, buying near heavy accumulation zones has historically offered favorable risk-reward, especially when price revisits those levels without triggering widespread selling.

[chainsniff]

cost basis stuff is boring until it keeps being right over and over