Bitcoin’s broader support and supply zone extends from $58,000 to $67,000, where Glassnode says approximately 3.44 million BTC changed hands over 11 weeks, including about 2.23 million BTC, or roughly 11% of circulating supply, during sideways trading. Within that corridor, the strongest cost-basis support is concentrated around $61,849-$63,111, part of the broader $62,000-$65,000 range where more than 2 million BTC previously changed hands. Galaxy Research analyst Alex Thorn said on Aug. 20 that the $62,000-$65,000 band recorded more trading volume than any other price range except $0-$1,200. Crypto analyst Ali Charts said on Aug. 21 that UTXO Realized Price Distribution data points to limited resistance ahead; a break above $75,733 could shift attention to the $83,307-$84,569 supply zone, where about 1 million BTC previously changed hands. Glassnode said the $58,000-$67,000 zone could support prices during a pullback, although a break below it could increase selling as holders seek to exit around break-even. The data identifies an important market battleground but does not predict Bitcoin’s next direction.