Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst

Bitcoin Supply Map Reveals Key Support And Resistance Zones – Analyst

Source: NewsBTC

Published:16:00 UTC

BTC Price:$70858.9

#btc #onchain #cryptoanalysis

Analysis

Price Impact

Med

The analysis provides on-chain data regarding bitcoin's supply distribution, identifying potential support and resistance zones. while this is valuable information, it doesn't represent a fundamental change in bitcoin's utility or a major macroeconomic event, hence the medium impact.

Trustworthiness

High

Price Direction

Bullish

The analyst identifies a significant cluster of investor activity between $65,000 and $70,000, which is below the current price and interpreted as potential support. furthermore, the identification of an 'air pocket' above $75,000 suggests a potential for rapid upward movement if momentum is sustained. this points towards a more constructive outlook.

Time Effect

Short

The analysis discusses near-term trajectory and price action observed in early april, and the identified zones are presented as immediate support and resistance levels that could influence short-term price movements.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to market analyst Darkfost, Bitcoin’s price-based supply distribution is revealing critical zones that could define the asset’s near-term trajectory. This latest piece of important on-chain data is offering a clearer picture of where the market may be headed next, following the positive price action observed in early April. Related Reading Bitcoin 23 Bar Theory: What Happens To The BTC Price If The Bottom Is In? 1 day ago 61% Of BTC Supply In Profit Despite Bear Season In an X post on April 11, Darkfost shares an insight into Bitcoin’s price structure based on its supply distribution pattern. At current prices, the renowned expert reports that approximately 61% of Bitcoin’s circulating supply was acquired below the spot price, leaving 39% purchased at higher levels. This positioning suggests that a majority of market participants remain in profit, a condition often associated with a more constructive market structure. Interestingly, further data analysis reveals a notable concentration of investor activity in the $65,000- $70,000 range. While this zone reflects both buying and selling activity rather than pure accumulation, it still represents a key area where a significant volume of coins last changed hands. Because this range sits below the current price, it is interpreted as a potential support floor and a good accumulation zone for smart money investors. 📷 Here is a snapshot of BTC supply distribution by price. At current price levels, 61% of BTC has been acquired below this level, while 39% was bought at higher prices. ▶︎ We can observe a clear cluster of investor activity between $65,000 and $70,000. I refer to activity… pic.twitter.com/gDMbEPTjUN — Darkfost (@Darkfost_Coc) April 11, 2026 On the upside, a similar cluster of activity has emerged between $90,000 and $95,000, which Darkfost expects could act as a formidable resistance level. This is because market participants who acquired Bitcoin at this price range are likely to exit their positions once prices return to their cost basis, thereby creating a barrier to further upward movement. However, Darkfost warns that not all activity clusters carry the same weight. The analyst considers the $85,000 region non-sequential from a technical standpoint, despite showing elevated transaction volume. This is largely due to the influence of exchange-related transfers, most notably a substantial transfer of nearly 800,000 BTC from Coinbase, which distorts the data and fails to reflect genuine investor sentiment or conviction. Related Reading XRP Could Rally Near $20 After Breakout Signal Originating In 2017, Analyst Says 1 day ago Bitcoin Price Pocket Lies Above $75,000 Another key insight from the supply map is the presence of a relatively low-activity zone, often referred to as an “air pocket,” above $75,000. In this range, Bitcoin has historically seen limited trading activity, implying fewer barriers to price movement. As a result, if Bitcoin enters this zone with sufficient momentum, it could either move through it rapidly or undergo a brief consolidation phase before continuing higher. At press time, the premier cryptocurrency trades at $71,535, up 6.45% over the last seven days. BTC trading at $71,556 on the daily chart | Source: BTCUSDT chart on Tradingview.com Featured image from Shutterstock, chart from Tradingview