Bitcoin is approaching a major $80,000-$82,000 supply zone, which could become one of the biggest tests for the current rally. The area also overlaps with Bitcoin’s key 50-week moving average.
Glassnode’s Realized Price Distribution (URPD) shows that almost 8% of Bitcoin’s supply was acquired between $80,000 and $82,000. The indicator groups Bitcoin holdings according to the average price at which they were last purchased, providing a view of where significant cost-basis clusters are located.
The $80,000 price level contains about 5% of Bitcoin’s total supply, making it the largest individual supply cluster. Another 3.7% is concentrated around $78,000, while $82,000 ranks among the largest supply levels.
These areas can turn into resistance as BTC approaches them because holders who bought at those prices may sell once the market reaches their entry point. That can create additional supply and make it harder for Bitcoin to move higher.
Adding to that potential pressure, the average cost basis for deposits into U.S. spot Bitcoin ETFs is also estimated at roughly $80,000-$82,000. ETF investors reaching their average purchase level could therefore contribute additional selling activity.
Bitcoin has previously developed a similar supply barrier between $60,000 and $63,000, where more than 6% of total supply was concentrated. After BTC spent much of 2026 in that range, the zone became an important support level. Bitcoin briefly fell below $60,000 during the summer but quickly reclaimed it.
Another key level is Bitcoin’s 50-week moving average, currently positioned around $81,081. The indicator measures the cryptocurrency’s average closing price over the previous 50 weeks.
Bitcoin has remained below the moving average since November 2025. Historically, sustained breaks above the indicator in May 2020 and March 2023 preceded major bullish trends, making the current test particularly important for the market.
