According to Cointelegraph, BTC price analysis from Glassnode highlighted $85,000 as the lower boundary of a cost‑basis zone for long‑term holders. The report notes that this level marks where many investors who bought at earlier lows may begin to consider selling if price moves above it. No specific volume figures, market timing predictions, or additional technical indicators are included in the analysis.
The focus on this resistance aligns with ongoing observation of long‑term holder behavior rather than short‑term price targets. Analysts reference the cost‑basis concept to explain why sellers could become more active once the price clears the $85,000 threshold.
