📊 GLASSNODE:
86K IS BITCOIN’S CRITICAL SUPPLY RESISTANCE ZONE
Bitcoin’s latest surge is nearing a pivotal on-chain hurdle.
Glassnode has pinpointed a dense concentration of long-term holder supply between $83,000 and $86,000—a zone that could act as a major ceiling.
Notably, there's now more bitcoin in profit than during previous visits to this price range.
Back in May, when Bitcoin approached $78K, about 65% of circulating supply was profitable.
By late August, during the next retest, that climbed to 68%.
This doesn’t mean holders will dump—but it does suggest that for a sustained breakout to occur, the market must absorb a larger volume of profit-taking supply first.
Until then, consolidation or volatility near this zone remains likely.
💸
Crypto Edge
86K IS BITCOIN’S CRITICAL SUPPLY RESISTANCE ZONE
Bitcoin’s latest surge is nearing a pivotal on-chain hurdle.
Glassnode has pinpointed a dense concentration of long-term holder supply between $83,000 and $86,000—a zone that could act as a major ceiling.
Notably, there's now more bitcoin in profit than during previous visits to this price range.
Back in May, when Bitcoin approached $78K, about 65% of circulating supply was profitable.
By late August, during the next retest, that climbed to 68%.
This doesn’t mean holders will dump—but it does suggest that for a sustained breakout to occur, the market must absorb a larger volume of profit-taking supply first.
Until then, consolidation or volatility near this zone remains likely.
💸
Crypto Edge
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JUST IN: 🇸🇬 Singapore-based public firm BitFuFu has acquired an additional 59 Bitcoin, increasing its total holdings to 1,373 BTC—valued at $108.4 million 🚀
Source: https://x.com/BitcoinMagazine/status/2095929081472733300
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2095929081472733300
Crypto Edge
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A surprisingly strong US jobs report revealed 162,000 new positions, pushing bond yields and the dollar upward—and knocking Bitcoin below $80,000.
With the labor market showing resilience, hopes for near-term Fed rate cuts are fading, weighing heavily on risk assets.
While the initial crypto sell-off was uneven, the broader macro pressure is undeniable.
🔥 @Bitcoin_Insights
💧 Rainbet.com – the #1 Non-KYC Crypto Casino @rainbetcom
Crypto Edge
A surprisingly strong US jobs report revealed 162,000 new positions, pushing bond yields and the dollar upward—and knocking Bitcoin below $80,000.
With the labor market showing resilience, hopes for near-term Fed rate cuts are fading, weighing heavily on risk assets.
While the initial crypto sell-off was uneven, the broader macro pressure is undeniable.
🔥 @Bitcoin_Insights
💧 Rainbet.com – the #1 Non-KYC Crypto Casino @rainbetcom
Crypto Edge
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NEW: 🇬🇧 Hargreaves Lansdown, the U.K.'s biggest investment platform, has launched Bitcoin offerings for its 2 million clients! 👏
Source: https://x.com/BitcoinMagazine/status/2095952167139991916
Crypto Edge
Source: https://x.com/BitcoinMagazine/status/2095952167139991916
Crypto Edge
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Stay laser-focused on Bitcoin—cut through the clutter and tune out the distractions.
📣 https://x.com/BTCTimes/
Crypto Edge
📣 https://x.com/BTCTimes/
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BULLISH: 🟠 On-chain data for Bitcoin holders indicates today’s market resembles the 2023 breakout that propelled bitcoin from $20k to $125k, according to Unchained Capital. 👀
“For the first time since the all-time high, short-term holders are sitting on meaningful profits” 🚀
Source: https://x.com/bitcoinmagazine/status/2095980352971915596
Crypto Edge
“For the first time since the all-time high, short-term holders are sitting on meaningful profits” 🚀
Source: https://x.com/bitcoinmagazine/status/2095980352971915596
Crypto Edge
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BILLIONAIRES JACK DORSEY AND MICHAEL SAYLOR EXPLAIN WHY #BITCOIN WILL KEEP GROWING IN VALUE FOR "CENTURIES" — "IT’S INTENTIONAL, AND IT’S FORESEEABLE." GET READY 🚀
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Billionaires Jack Dorsey and Michael Saylor aren't treating Bitcoin as a fleeting fad. They view it as a quiet, transformative movement—built with intention and unfolding steadily across generations.
🔥 @Bitcoin_Ins游戏副本
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Crypto Edge
Billionaires Jack Dorsey and Michael Saylor aren't treating Bitcoin as a fleeting fad. They view it as a quiet, transformative movement—built with intention and unfolding steadily across generations.
🔥 @Bitcoin_Ins游戏副本
💧 Rainbet.com — the #1 Non-KYC Crypto Casino @rainbetcom
Crypto Edge
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🐷
Bitcoin, Ethereum, and XRP wrapped up August with strong upward momentum.
But here's the real question: Is this the start of a lasting recovery — or just a sweet, short-lived spike?
BTC gained nearly 25% for the month, while both ETH and XRP jumped over 30%.
When all three move in sync like this, it’s more than just noise — it signals broader market tailwinds, not just isolated hype.
Whether this momentum carries through to quarter’s end? Still uncertain.
🔥 @Bitcoin_Insights
💧 Rainbet.com — the #1 Non-KYC Crypto Casino @rainbetcom
Crypto Edge
Bitcoin, Ethereum, and XRP wrapped up August with strong upward momentum.
But here's the real question: Is this the start of a lasting recovery — or just a sweet, short-lived spike?
BTC gained nearly 25% for the month, while both ETH and XRP jumped over 30%.
When all three move in sync like this, it’s more than just noise — it signals broader market tailwinds, not just isolated hype.
Whether this momentum carries through to quarter’s end? Still uncertain.
🔥 @Bitcoin_Insights
💧 Rainbet.com — the #1 Non-KYC Crypto Casino @rainbetcom
Crypto Edge
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JUST IN: U.S. 🇺🇸 Bitcoin ETFs attracted $986.8 million in inflows this week 🚀
Source: https://x.com/bitcoinmagazine/status/2096292784516817257
Crypto Edge
Source: https://x.com/bitcoinmagazine/status/2096292784516817257
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