As Bitcoin continues its upward trajectory, it is anticipated to encounter significant resistance at $67,000 and $72,000. These levels are determined by the realized price of short-term holders, according to contributor CryptoQuant, using the alias ShayanMarkets.
Source: CryptoQuant.The identified resistance zones correspond to the entry points for investors who have held the asset for one to three months and three to six months.
“With Bitcoin trading around $65,000, both groups are holding coins with an aggregate unrealized loss. This creates a foundational cost structure,” ShayanMarkets noted.
If Bitcoin can surpass these resistance levels, it would signal a potential absorption of selling pressure and readiness for further recovery, the analyst suggested.
Simultaneously, another researcher known as Darkfost pointed out that the 30-day moving average of the SOPR (Spent Output Profit Ratio) for short-term Bitcoin holders has reached 0.997, indicating that the selling price of coins is nearing the breakeven point.
🔴 The 30-dma STH SOPR currently sits at 0.997, approaching the tipping point between realized profits and realized losses.
—💡During bear market phases, the STH cost basis acts as an exit gate, and SOPR is often rejected around this neutral level of… pic.twitter.com/SLfbgyI0TP
— Darkfost (@Darkfost_Coc) August 9, 2026
“Contrary to popular belief, it is crucial to have a profit level that is attractive enough to encourage investors to hold or enter the market, but not excessively high. Let’s see if we can break through this area now,” Darkfost clarified.
This scenario has been observed previously in January and May, the expert added.
As of the time of writing, Bitcoin is trading at $65,200, having gained 4% over the past week.
Hourly BTC/USDT chart on Binance. Source: TradingView.It is worth noting that in August, analysts at Glassnode reported an unprecedentedly prolonged phase of Bitcoin capitulation.