Glassnode Identifies $85K as Key Bitcoin Level to Overcome Persistent Selling Pressure

TL;DR Glassnode identifies $85,000 as a critical resistance level for Bitcoin, where long-term holders could increase selling as prices recover. Buying interest around 77,000– 79,000 offers potential support, while declining realized losses suggest that selling pressure has eased. Weak spot Bitcoin ETF inflows and historically low volatility point to a market awaiting stronger demand before establishing a sustained upward trend. Bitcoin faces a decisive test near $85,000 as long-term holders continue to influence price action, according to blockchain analytics firm Glassnode . The level represents a significant supply zone that BTC must overcome to strengthen its recovery and establish a more constructive market structure. Despite persistent resistance, on-chain data indicates that selling pressure has moderated and lower price levels continue to attract buyers.

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