📊 GLASSNODE:
86K IS BITCOIN’S CRITICAL SUPPLY RESISTANCE ZONE
Bitcoin’s current rally is nearing a pivotal on-chain hurdle.
Glassnode has pinpointed a dense concentration of long-term holder supply between $83,000 and $86,000.
Notably, there's now more Bitcoin in profit than during previous visits to this price range.
Back in May, when BTC approached $78K, about 65% of circulating supply was profitable.
By late August, that share had grown to 68%.
This doesn’t mean holders will sell automatically.
But it does suggest that for Bitcoin to sustain a breakout, it must first absorb a larger volume of available profit-taking supply before advancing further.
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CRYPTO & TECH☢️
#BitcoinResistance #OnChainAnalysis #CryptoMarket #GlassnodeData #BTCOutlook
2September 4, 2026 1.2K 1
