📉 Bitcoin Faces Resistance Near $83K–$85K!
Glassnode data points to long-term holder supply pressure around the $83,000–$85,000 zone, creating a potential resistance area.
But there’s an interesting twist 👀
🟢 Investors are still accumulating BTC around these levels
🔴 Long-term holders are also adding selling pressure
That creates a battle between accumulation and distribution.
📌 Key zone to watch: $83K–$85K
A strong breakout could weaken the resistance, while rejection may keep BTC range-bound.
#Bitcoin #BTC #CryptoMarket #Glassnode
Glassnode data points to long-term holder supply pressure around the $83,000–$85,000 zone, creating a potential resistance area.
But there’s an interesting twist 👀
🟢 Investors are still accumulating BTC around these levels
🔴 Long-term holders are also adding selling pressure
That creates a battle between accumulation and distribution.
📌 Key zone to watch: $83K–$85K
A strong breakout could weaken the resistance, while rejection may keep BTC range-bound.
#Bitcoin #BTC #CryptoMarket #Glassnode
