- Bitcoin's rally is losing momentum in the $84,000-$85,000 range, where supply held by long-term investors is heavily concentrated.
- Glassnode said the range is Bitcoin's thickest supply zone.
- Glassnode said Bitcoin needs to break above that price range and hold there for the rally to continue.
Bitcoin Faces Heavy Supply at $84,000-$85,000; Breakout, Hold Above Needed
Bitcoin's rally is losing momentum in the $84,000 to $85,000 range, where supply held by long-term investors is heavily concentrated, according to an analysis published on September 29.
bloomingbit
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Sep 29, 2026 at 9:28 AM UTC · 1 分で読める
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BTC+3.32%$86,488
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Forecast Trend Report by Period
Bitcoin's rally is losing momentum in the $84,000 to $85,000 range, where supply held by long-term investors is heavily concentrated, according to an analysis published on September 29.
Glassnode, an on-chain analytics firm, wrote on X that Bitcoin was stalling below its thickest supply zone.
The $84,000 to $85,000 band contains more long-term holder supply than any other price range on the chart, Glassnode said.
Glassnode said Bitcoin needs to break above that range and hold there for the uptrend to continue.
Follow the Story
- Sep 29Bitcoin Faces Heavy Supply at $84,000-$85,000; Breakout, Hold Above Needed
- Oct 2A Wall Street Giant Just Flipped On Bitcoin—Issues Huge 2027 Prediction
- Oct 2MSTR Stock Extends Run As Bitcoin Treasury Bet Accelerates
- Oct 2Bitcoin Crosses $86,000 on Fed Pause Hopes. Strategy Leads Crypto Stocks Higher.
- Sep 29Bitcoin Faces Heavy Supply at $84,000-$85,000; Breakout, Hold Above Needed
- Oct 2A Wall Street Giant Just Flipped On Bitcoin—Issues Huge 2027 Prediction
- Oct 2MSTR Stock Extends Run As Bitcoin Treasury Bet Accelerates
- Oct 2Bitcoin Crosses $86,000 on Fed Pause Hopes. Strategy Leads Crypto Stocks Higher.
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Originally reported by bloomingbit
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