CoinScoopBitcoin faces resistance between $83,000 and $86,000, Glassnode reports
Glassnode analysis identifies three key indicators—long-term holder cost basis, futures liquidation maps, and ETF break-even points—that converge to create resistance in the $83,000 to $86,000 price range. While Bitcoin is currently consolidating just below this level, the market is characterized by low selling pressure.
Summaries are written by AI from the original article. Not investment advice.