Bitcoin is nearing a major $80,000-$82,000 resistance zone, where a large share of BTC supply is concentrated and the 50-week moving average also comes into play.

Glassnode’s Realized Price Distribution (URPD) data shows that nearly 8% of Bitcoin’s supply changed hands within this range. The indicator tracks the average acquisition prices of existing holdings, highlighting areas where large amounts of BTC have accumulated.

At $80,000, roughly 5% of Bitcoin’s supply is concentrated, representing the largest cluster at any single price. The $78,000 level holds about 3.7% of supply, while $82,000 ranks as another major concentration point.

These supply pockets can act as resistance because investors who purchased BTC around those levels may decide to sell when the market returns to their cost basis. That can introduce additional overhead supply and slow the rally.

The resistance could be even stronger because U.S. spot Bitcoin ETF deposits have an average cost basis of approximately $80,000-$82,000, according to Glassnode. ETF holders reaching their break-even range could add to selling pressure.

A comparable supply concentration developed between $60,000 and $63,000, where more than 6% of Bitcoin’s supply was accumulated. After BTC traded around that range for much of 2026, it became a key support area. Bitcoin briefly slipped below $60,000 during the summer before quickly recovering.

The 50-week moving average, currently near $81,081, adds another technical hurdle. The indicator represents Bitcoin’s average closing price over the previous 50 weeks.

BTC has remained below this moving average since November 2025. Previous sustained breaks above the indicator, including those in May 2020 and March 2023, were followed by extended bull-market advances. This makes a successful breakout above the current level an important signal for Bitcoin’s broader trend.