Glassnode: Bitcoin faces resistance from long-term holders, eyes $75,000 support

Glassnode reported that Bitcoin is currently facing resistance between $83,000 and $85,000 due to selling pressure from long-term holders. While investors are accumulating at current levels, a break below this range shifts focus to the $75,000 support level. A failure to hold this point could lead to a deeper correction toward $60,000.