$BTC broke above $85K after sellers pulled their asks, according to Glassnode.
Now the next major sell wall is forming around $87K.
I actually like this setup more than a straight breakout because we’re seeing the resistance move higher instead of one massive wall sitting directly above BTC.
The question now is whether buyers can chew through $87K too, or if sellers finally push back.
Now the next major sell wall is forming around $87K.
I actually like this setup more than a straight breakout because we’re seeing the resistance move higher instead of one massive wall sitting directly above BTC.
The question now is whether buyers can chew through $87K too, or if sellers finally push back.
