Bitcoin News | Bitcoin $85K Sell Wall Absorbed as Overhead Liquidity Declines, Glassnode Says
defi
Glassnode reports that Bitcoin has absorbed a major sell wall near $85,000, while overhead liquidity has declined. This suggests immediate selling pressure above price has eased, potentially making further upside easier if demand persists. The move does not guarantee a breakout; reduced liquidity can also amplify volatility in either direction.
DYOR - Single Source
This feed has limited sources. Do your own research before making decisions.
Sources (1)
AI Research
AI deep dive is generated automatically for verified feeds.