Bitcoin buyers clear the $85K sell wall, opening a path for upside
- —Buyers cleared the sell wall on Binance between $85,000 and $85,500
- —The wall tripled in size from September 24 to September 30, Glassnode data shows
- —Net inflows into US spot Bitcoin ETFs fell to just $24 million on September 28
- —Long-term holders' share of realized profits rose from 34% to 55%
Why it matters: If the wall stays gone and ETF inflows recover, Bitcoin could hold above $85,000; key supports sit at $77,200 and $73,300.
Source: Crypto Briefing