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BTC STH Cost Basis $68,800 Resistance

BTC Short-Term Holder Cost Basis at $68,800 After Nine Months of Realized Losses

BitcoinJul 23, 2026

Analyst data showed Bitcoin short-term holders realized losses for nine consecutive months, with the $68,800 short-term holder cost basis now identified as the key resistance level for Bitcoin's ongoing price recovery. The $66,000–$68,000 zone was separately flagged as a near-term price structure test.

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