Here’s why Bitcoin price could crash despite renewed ETF inflows

Even though BlackRock’s iShares Bitcoin Trust ( IBIT ) has led other institutions in renewed Bitcoin ( BTC ) accumulation so far this week, Glassnode , an on-chain data analytics platform, has signaled a potential crash below $80,000. On October 22, 2026, Glassnode stated that Bitcoin price must not breach a major support level around $81,500. Furthermore, this liquidity floor was recently reclaimed after it proved a strong resistance level in May’s bull run. Most importantly, the firm highlighted that $81,500 currently coincides with the Spot ETF Cost Basis , which reveals the average purchase price of Bitcoin held by all of the United States spot exchange-traded funds ( ETFs ).

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Finbold.