$BTC - Glassnode data shows 4M BTC acquired above 85K USDT may limit upside
ETF holders' average entry now sits near current spot levels
Fed rate pause yesterday adds macro backdrop
The overhead supply cluster coincides with ETF cost basis, creating a natural resistance zone. Whether buyers absorb it remains unclear.
#Bitcoin #BTC
ETF holders' average entry now sits near current spot levels
Fed rate pause yesterday adds macro backdrop
The overhead supply cluster coincides with ETF cost basis, creating a natural resistance zone. Whether buyers absorb it remains unclear.
#Bitcoin #BTC
