Bitcoin: Stalls Under Heaviest Supply Cluster
Bitcoin stalls under heaviest long-term holder supply cluster at $84k-$85k. Current price $83849.28 requires break above for rally continuation amid neutral RSI and MACD death cross.
SourceAnalysis
Bitcoin has stalled under its heaviest supply cluster, with more long-term holder coins concentrated at $84k–$85k than at any other price level on the chart.
Price must break through and hold above this zone for the rally to continue. For BTC price prediction models, this supply wall represents the decisive hurdle after the last six months of accumulation.
Technical confluence on the 4h chart shows price at $83849.28 trading inside the Bollinger Bands with upper resistance at $85160.84. The neutral RSI(14) at 49.64 combined with the MACD death cross at -146.71 suggests limited momentum, while the EMA50 at $83490.17 acts as immediate support before any test of the $84k–$85k cluster can develop.
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