Bitcoin.com Bitcoin-focused & industry news

Bitcoin Price Tests $86K as 1.07M BTC Supply Wall Looms

By Emmanuel Musa

Read original article on Bitcoin.com
Bitcoin Price chartBitcoin has climbed into the $86K resistance zone, one of the market’s most important technical and onchain barriers. With 1.07 million BTC concentrated between $83,000 and $86,000 and U.S. spot exchange-traded fund (ETF) investors above breakeven, the next move could reveal whether the crypto recovery has enough demand to absorb significant overhead supply. Glassnode Flags […]

This story was originally published on Bitcoin.com. DennTech aggregates headlines from top crypto publications to keep traders informed.

Read full article on Bitcoin.com
Back to Crypto Pulse