PANews|Oct 02, 2026 00:42
[Glassnode: Bitcoin's $85,000 Sell Wall Has Been Absorbed by Buyers]
On-chain data analytics platform Glassnode stated that the sell wall above Bitcoin has disappeared. Buyers absorbed the sell wall at the $85,000 level yesterday, after nearly a week of multiple tests at this price point without a breakthrough. Glassnode noted that the remaining sell orders also appear to have been withdrawn. With reduced sell-side liquidity above, the pace of price increases may accelerate.
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