Bitcoin gives back gains as long-term holder supply keeps $85K out of reach
Property	Value	Type
Title	Bitcoin gives back gains as long-term holder supply keeps $85K out of reach	metadata
Category	defi	metadata
Subcategory	defi	metadata
Sentiment	neutral	metadata
Published Date	2026-09-29T16:45:47.733Z	metadata
Trustworthy	no	metadata
Content	Bitcoin retraced after failing to sustain its advance toward $85,000, with selling from long-term holders creating persistent overhead supply. The concentration of held coins becoming available near that level is limiting upside momentum and keeping $85,000 out of reach. Unless this supply is absorbed, Bitcoin is likely to remain range-bound or face further downside pressure....	content
Citation 1	<![CDATA[https://cointelegraph.com/markets/bitcoin-gives-back-gains-long-term-holder-supply-keeps-85k-out-of-reach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound]]>	source

Bitcoin gives back gains as long-term holder supply keeps $85K out of reach

Sep 29, 2026

defi

Bitcoin retraced after failing to sustain its advance toward $85,000, with selling from long-term holders creating persistent overhead supply. The concentration of held coins becoming available near that level is limiting upside momentum and keeping $85,000 out of reach. Unless this supply is absorbed, Bitcoin is likely to remain range-bound or face further downside pressure.

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<![CDATA[https://cointelegraph.com/markets/bitcoin-gives-back-gains-long-term-holder-supply-keeps-85k-out-of-reach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound]]>

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