Bitcoin has climbed into the $86K resistance zone, one of the market’s most important technical and onchain barriers. With 1.07 million BTC concentrated between $83,000 and $86,000 and U.S. spot exchange-traded fund (ETF) investors above breakeven, the next move could reveal whether the crypto recovery has enough demand to absorb significant overhead supply. Glassnode Flags…
Bitcoin has climbed into the $86K resistance zone, one of the market’s most important technical and onchain barriers. With 1.07 million BTC concentrated between $83,000 and $86,000 and U.S. spot exchange-traded fund (ETF) investors above breakeven, the next move could reveal whether the crypto recovery has enough demand to absorb significant overhead supply. Glassnode Flags […]
Source: https://news.bitcoin.com/market-updates/bitcoin-price-tests-86k-as-1-07m-btc-supply-wall-looms/
