On October 12, Darkfost, a contributing analyst at the on-chain analytics firm CryptoQuant, posted an analysis on X indicating that the $84,000 to $85,000 price range represents a significant resistance level for Bitcoin (BTC) based on its acquisition price distribution.
According to Darkfost, at the $83,000 price point, 53% of the funds invested in Bitcoin were at levels higher than this. Investors who purchased recently are likely to face...
