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Bitcoin faces key hurdle in $81,000-$86,000 range to reach January high, analyst says

Published Source: The BlockRead original

Crypto Insight Summary: Glassnode views $81,000–$86,000 as the wall, as that is where a large group of long-term holders sits near breakeven, among other factors. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Technical resistance at $81-86k may slow BTC's momentum but doesn't alter long-term outlook.

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Bitcoin faces key hurdle in $81,000-$86,000 range to reach January high, analyst says — Crypto Insight