Cryptocurrency7 Oct 2026SEO 801 min read

Analysis: Bitcoin’s recovery stalls just short of rescuing its last underwater cohort

Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000. The 2025 cohort is the only…

Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000. The 2025 cohort is the only yearly buyer group still underwater, with an average purchase price of approximately $88,000. U.S. spot bitcoin ETFs have an average cost basis of $82,300, a potential support level if the pullback continues. Only one yearly bitcoin BTC $83,791.57 buyer cohort remains underwater, according to checkonchain data : investors who bought in 2…

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