[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-bitcoins-recovery-stalls-just-12101a115f6-0c2d-7861-8c1a-21d54119cc7c":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":23,"enrichStatus":24,"triageKind":25,"triageImportance":26,"expandEligible":27,"summarizeEligible":27,"eventEligible":28,"eventType":29,"eventAction":29},"bitcoins-recovery-stalls-just-12101a115f6-0c2d-7861-8c1a-21d54119cc7c","1791369503000","Bitcoin’s recovery stalls just short of rescuing its last underwater cohort","\u003Cp>Bitcoin’s recovery stalls just short of rescuing its last underwater cohort\u003C/p>\u003Cp>Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000.\u003C/p>\u003Cp>By James Van Straten | Edited by Jamie Crawley\u003C/p>\u003Cp>Oct 7, 2026, 6:38 a.m. EDT\u003C/p>\u003Cp>Only one yearly bitcoin buyer cohort remains underwater, according to checkonchain data: investors who bought in 2025, with an average cost basis of approximately $88,000, which may now be forming a key resistance level due to sell pressure from relatively recent buyers.\u003C/p>\u003Cp>Bitcoin reached a monthly high of $87,500 in September before trading sideways and subsequently retreating below $84,000 as of Wednesday. These yearly volume-weighted cost bases have acted as support and resistance throughout the cycle. As bitcoin approaches a cohort’s average purchase price, some investors may look to exit at breakeven, while others may add to their positions.\u003C/p>\u003Cp>Bitcoin climbed to approximately $82,100 in May, matching the 2024 cohort’s average cost basis, before encountering resistance and falling back to $60,000. It eventually broke above that level in August. The 2023 cohort’s cost basis, currently around $65,000, has provided a recurring support level. When bitcoin fell towards $60,000 in February, that cohort’s cost basis was also near that level\u003C/p>","https://www.coindesk.com/markets/2026/10/07/bitcoin-s-recovery-stalls-just-short-of-rescuing-its-last-underwater-cohort","https://cdn.sanity.io/images/s3y3vcno/production/ed1e34a2c8e349d1aeb78317b3e705ba8f10d005-1920x963.png?auto=format&fit=crop&crop=focalpoint&w=1920&h=1080&q=75","[]","[\"Bitcoin\",\"BTC\"]","[{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/BTC.png\",\"name\":\"BTC\"}]","121",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/coindesk.png","CoinDesk",null,"","[\"Crypto\"]","0","EN","2","done","market_structure",3,true,false,"none"]