Bitcoin chases monthly high above $80K as nearly all BTC price metrics turn bullish

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Key BTC levels to watch

Bitcoin has moved above a descending trendline dating back to the October 2025 peak near $126,000 and has reclaimed the 100-day exponential moving average (EMA). This indicates a strong shift in trend from bearish to neutral-to-bullish on the higher time frame.

The $81,000 level now serves as the first test area, with a small fair-value gap indicating a liquidity imbalance, where a price hold would signal that buyers are accepting higher prices.

BTC/USDT on the daily chart. Source: Cointelegraph/TradingView

Above that, $88,000 stands as the supply zone tied to prior distribution. The $88,000–$91,000 range stands out as a key supply zone, shaped by a prior distribution phase when large volumes of Bitcoin last changed hands.

Many of those holders are now sitting near break-even or in slight profit, which typically increases activity when the price revisits that area.

Adding to this, the realized price of the three–to-six–month holder cohort sits at $91,600, further reinforcing this zone as a major decision point.

A sustained move through this range would signal strong demand, showing that buyers are absorbing overhead supply and setting the stage for Bitcoin price to move higher.

Crypto analyst Crazzyblockk highlighted a tight range, with the $72,000–$75,000 zone acting as a floor, supported by clusters of realized prices from mid-term holders. A break below this band would push more supply into loss, increasing the risk of reactive selling.

BTC: age-band realized price distribution. Source: CryptoQuant

On the upside, the $83,000–$85,000 marks a profit-taking zone for recent short-term holders. Price strength through this range would signal that buyers are absorbing the supply, allowing momentum to build.

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