Don't celebrate too early? Analyst: Bitcoin is likely to operate below $72,500 in the coming months
Teacher guides you through the market: Bitcoin's "$72,500" hurdle
Students, today we're going to have a short market analysis class.
Recently, an analyst mentioned that Bitcoin has encountered a key resistance level—$72,500. How did this number come about? It wasn't just a random guess; it was calculated based on the real market cost after excluding the long-term inactive "diamond hands" holdings.
In simple terms, the average cost of most active holders is at this level. Currently, Bitcoin's price has been operating below this level for about two months.
What's even more noteworthy is the historical pattern: in every previous bear market, Bitcoin has "struggled" below this cost baseline for 6 to 10 months, during which it has never effectively recovered. If this pattern repeats, it means that in the coming months, the market is likely to remain under pressure.
Students, what does this tell us? In investing, we cannot just look at the immediate ups and downs; we must pay attention to the key cost zones and historical cycle patterns. $72,500 is like a "passing line"; staying cautious below this line is always wise. Did you understand this question?