₿ Bitcoin Faces Its Biggest Supply Wall at $80K
Bitcoin is currently testing its largest supply cluster at $80,000 — a level that also happens to sit near the average cost basis for ETF holders and aligns with the key 50-week moving average. That's a lot of technical and on-chain weight converging on one price point.
Supply walls of this size tend to act as stiff resistance, as holders acquired near that level have little incentive to let prices run before they're made whole. Whether Bitcoin can chew through it — or gets rejected — may set the tone for the next leg of this cycle.
Source
Trade on Binance
2
2
1August 27, 2026 509 1
