PANews
PANews|Oct 11, 2026 15:39
[Analyst: Bitcoin May Need to Break Through $84,000-$85,000 to Determine the Next Trend] Crypto analyst Darkfost stated that when Bitcoin's price reaches $83,000, approximately 53% of the capital cost is positioned above this price, indicating that the holding cost for current buyers has surpassed that of more than half of market participants. Darkfost pointed out that the $84,000 to $85,000 range is the largest chip distribution area for Bitcoin, and many investors will react at this critical price level. This range serves as a significant resistance level that Bitcoin needs to break through for its subsequent trend. If the price pulls back, the $79,000 to $77,000 range may become a potential support zone.
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