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>>Has the Bitcoin price reached a confirmed bottom? On‑chain data offers insight.

Has the Bitcoin price reached a confirmed bottom? On‑chain data offers insight.

crypthub

about 11 hours ago

Recent Rally

Bitcoin surged above $82,000, its highest level since January 31 2026. Analysts view the move as a possible dead‑cat bounce designed to trap bullish traders. The rally lacks strong momentum, casting doubt on its durability.

Key Liquidity Level

CryptoQuant data shows Bitcoin must break the $88,880 liquidity zone to confirm a fresh bull phase. UTXO age bands reveal a firm sell wall at that price, created by holders who bought 3‑6 months ago. Until the level holds, price action is likely to remain volatile.

Upcoming Sell Walls

If $88,880 becomes support, the next major barriers lie between $93,450 and $111,850. Investors who entered 12‑18 months ago average around $93,450, while 6‑12‑month holders average near $111,850. Breaching these zones could spark additional buying pressure.

Outlook

Derivative traders are turning bearish, forming a “wall of worry” around the rally. Analysts expect Bitcoin to consolidate shortly before a possible slide toward a bear‑market bottom. Watching the $88,880 level will be crucial for direction.