Analyst flags $100,000 as Bitcoin's key ceiling; whale cost bases cluster at $100,500
Bitcoin is holding above $86,000 while struggling to regain traction below $90,000 as volatility compresses. According to CryptoQuant analyst Burak Kesmeci, newer whales have an average cost basis near $100,500, making the $100,000 zone a pivotal resistance, with Binance spot users around $56,000 and long-term whales roughly $40,000. Approaches to $100,000 may prompt distribution or renewed accumulation.