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Bitcoin stalls below $84,000 as 2025 buyers remain underwater, testing key support and resistance levels.

Market News
07 Oct 2026
Coindesk
View Source
Neutral
Bitcoin stalls below $84,000 as 2025 buyers remain underwater, testing key support and resistance levels.

Bitcoin's price recently retreated below $84,000 after reaching a high near $87,500 in September. The 2025 cohort of buyers, with an average purchase price around $88,000, remains the only yearly group still underwater, creating a potential resistance level due to selling pressure. Meanwhile, U.S. spot bitcoin ETFs, with an average cost basis near $82,300, may provide support if the price falls further. Historical cost bases of previous yearly cohorts have influenced bitcoin's support and resistance levels, indicating these price points are closely watched by investors for potential exits or additions to positions.

Bitcoin's recent price dynamics include a key resistance near $88,000 and support around $82,300, based on cost bases of different buyer cohorts. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 07, 2026 17:22 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Notable movers include SAND with a 1-day change of +9.18% and a typical hold time of 123 days, UNI down 9.10% with 65 days hold time, and ADA down 8.91% with 126 days hold time, with respective Pluang order activities showing mixed buy and sell interest.

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