BTC at $82.7K: the level that matters
Glassnode shows a liquidation cluster around $81.7K–$83.3K, right where price sits now.
ETF flows turned negative for October
Inflows had already cooled ~90% week-on-week.
Bitfinex says fresh spot demand is needed before another run at $90K
If this cluster breaks, liquidations can accelerate the move. If it holds, it becomes the base for a bounce. Watch the daily close, not the wick.
Glassnode shows a liquidation cluster around $81.7K–$83.3K, right where price sits now.
ETF flows turned negative for October
Inflows had already cooled ~90% week-on-week.
Bitfinex says fresh spot demand is needed before another run at $90K
If this cluster breaks, liquidations can accelerate the move. If it holds, it becomes the base for a bounce. Watch the daily close, not the wick.