π GLASSNODE:86K IS BITCOINβS CRITICAL SUPPLY RESISTANCE ZONE
Bitcoinβs current rally is nearing a pivotal on-chain hurdle.
Glassnode has pinpointed a concentrated band of long-term holder supply between $83,000 and $86,000βa key obstacle ahead.
There's now more unrealized profit in the market than during previous visits to this price range, increasing selling pressure potential.
Back in May near $78K, about 65% of Bitcoinβs supply was in profit.
By late August, that climbed to 68%.
That doesnβt mean holders will dumpβbut it does suggest any lasting breakout will need to absorb significantly more profitable supply before sustaining higher levels.
πΈ
Liger Crypto Pulse
Bitcoinβs current rally is nearing a pivotal on-chain hurdle.
Glassnode has pinpointed a concentrated band of long-term holder supply between $83,000 and $86,000βa key obstacle ahead.
There's now more unrealized profit in the market than during previous visits to this price range, increasing selling pressure potential.
Back in May near $78K, about 65% of Bitcoinβs supply was in profit.
By late August, that climbed to 68%.
That doesnβt mean holders will dumpβbut it does suggest any lasting breakout will need to absorb significantly more profitable supply before sustaining higher levels.
πΈ
Liger Crypto Pulse
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JUST IN: πΈπ¬ Singapore-based public company BitFuFu has acquired an additional 59 Bitcoin, increasing its total holdings to 1,373 BTCβvalued at $108.4 million π
Source: https://x.com/BitcoinMagazine/status/2095929081472733300
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Source: https://x.com/BitcoinMagazine/status/2095929081472733300
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NEW: π¬π§ Hargreaves Lansdown, the U.K.βs biggest investment platform, has launched Bitcoin products for its 2 million clients! π
Source: https://x.com/BitcoinMagazine/status/2095952167139991916
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Source: https://x.com/BitcoinMagazine/status/2095952167139991916
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Stay sharply focused on Bitcoinβcut through the noise and ignore the distractions.
π£ https://x.com/BTCTimes/
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π£ https://x.com/BTCTimes/
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BULLISH: π On-chain data for Bitcoin holders is signaling a familiar pattern β one that mirrors the 2023 breakout pushing Bitcoin from $20K to $125K, according to Unchained Capital. π
βFor the first time since the all-time high, short-term holders are sitting on substantially profitable positionsβ π
Source: https://x.com/bitcoinmagazine/status/2095980352971915596
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βFor the first time since the all-time high, short-term holders are sitting on substantially profitable positionsβ π
Source: https://x.com/bitcoinmagazine/status/2095980352971915596
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BILLIONAIRES JACK DORSEY AND MICHAEL SAYLOR EXPLAIN WHY #BITCOIN WILL RISE IN VALUE FOR CENTURIES TO COME β βITβS INTENTIONAL, AND ITβS FORESEEABLE.β GET READY π
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π’ BitFuFu now holds 1,373 $BTC, securing its place among the top 40 Bitcoin companies.
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Teachers are more than instructorsβtheyβre mentors who inspire, guide, and help us discover our potential. β€οΈ
Some lessons shape us forever.
Happy Teacherβs Day!
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Some lessons shape us forever.
Happy Teacherβs Day!
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Back-to-back winning trades π₯
Near is up 40% since our entry and still showing strong bullish momentum.
Consider taking partial profits π
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Near is up 40% since our entry and still showing strong bullish momentum.
Consider taking partial profits π
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A whale has just placed a massive $51,500,000 short on $BTC with 13x leverage.
Liquidation Price: $95,633.
Does he know something? π or π
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Liquidation Price: $95,633.
Does he know something? π or π
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One tweet from Elon Musk β and this token surged to an $80 million market cap. π
https://x.com/mastercryptohq/status/2096186081020682566?s=46
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https://x.com/mastercryptohq/status/2096186081020682566?s=46
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Media is too big
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πΆ Peter Navarro weighs in on the Federal Reserve amid rising speculation about possible interest rate hikesLiger Crypto Pulse
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Epic is up 30% since our entry and continues to show strong bullish momentum.
Stay invested for further upside β a sharp rally could come at any moment.π
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Stay invested for further upside β a sharp rally could come at any moment.π
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JUST IN: U.S. πΊπΈ Bitcoin ETFs attract $986.8 million in weekly inflows π
Source: https://x.com/bitcoinmagazine/status/2096292784516817257
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Source: https://x.com/bitcoinmagazine/status/2096292784516817257
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