Markets· ★★★· bullish·

Bitcoin breaks through $85,000 sell wall as buying pressure hits six-week high

  • —Bitcoin rose above $86,600, futures buying pressure at a six-week high
  • —Glassnode: the $85,000 sell wall has been cleared, remaining sell orders pulled
  • —US spot bitcoin ETFs drew $102.7 million in net inflows for the day
  • —BlackRock's IBIT fund alone attracted $195.6 million
Why it matters: Clearing the $85,000 supply zone and rising futures demand open the path to $87,000–90,000 if ETF inflows hold up.
Source: Coin Türk