The One Level That Could Flip Bitcoin Bullish in 2026

[cryptohog]

As Bitcoin attempts to extend its recovery, analysts are focused on a single level that could define its trend for the rest of 2026. According to on-chain data, Bitcoin is currently trading below the cost basis of coins last moved 6–12 months ago, a zone sitting close to $100,000.

Historically, remaining below this level has coincided with bearish market structures, as holders who bought higher remain underwater and more likely to sell into rallies. Reclaiming it, however, has often marked the start of sustained bullish phases in past cycles.

Analysts suggest that a decisive move above this zone would reduce selling pressure and open the door for further upside. Failure to reclaim it could confirm that the broader downtrend is still in place, making this one of the most important levels to watch in the weeks ahead.

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ngl the fact that institutions are stepping back in makes this way more interesting than late 2025 was