CoinScoopGlassnode: Bitcoin climbing toward $83,000–$86,000 liquidation cluster
On-chain data platform Glassnode reported that Bitcoin is entering a thickening liquidation zone concentrated between $83,000 and $86,000. The report suggests that if the price reaches this range, a rapid movement could occur as short positions, which have been accumulating for weeks, are forced to liquidate.
Summaries are written by AI from the original article. Not investment advice.