glassnode just flagged something worth watching
they're warning of a real supply wall sitting between 81,000 and 86,000
meaning a large cluster of holders are sitting on coins bought in that range and likely to sell into any rally back toward it
that lines up almost perfectly with today's pullback from just under 81k
if btc tries to push back up toward that zone expect real resistance not just noise
this is the difference between watching price and understanding why price moves where it does
$BTC
they're warning of a real supply wall sitting between 81,000 and 86,000
meaning a large cluster of holders are sitting on coins bought in that range and likely to sell into any rally back toward it
that lines up almost perfectly with today's pullback from just under 81k
if btc tries to push back up toward that zone expect real resistance not just noise
this is the difference between watching price and understanding why price moves where it does
$BTC
