[Analysis: Bitcoin is Approaching the Cost Basis of Two Major Holder Groups, 6-Month to 2-Year Investors May Face Sentiment Test] BlockBeats News, October 2: CryptoQuant analyst Darkfost posted an article stating that Bitcoin is currently nearing the average cost basis range of two major holder groups. The cost basis for investors holding Bitcoin for 18 months to 2 years is approximately $88,350, while the cost basis for those holding for 6 to 12 months is around $89,200. Darkfost pointed out that cost basis is not inherently a support or resistance level but rather the average holding cost for a group. As the price approaches this range, the behavior of the related investors may change, making this area a potential risk zone. Among them, the group of investors holding for 6 to 12 months has been in an overall loss for nearly a year, with some having bought at market highs. Next, some investors may choose to sell as they wait to break even, while others may continue to buy to lower their holding costs. Darkfost believes that both behaviors could impact Bitcoin's current upward momentum. [Original Link]