Bitcoin's $85,000 sell wall may decide its next structural move
- —Binance sell wall at $85,000–85,500 tripled in size after September 24
- —Part of the wall cleared around October 2, briefly lifting Bitcoin to about $87,000
- —$84,000–85,000 is the heaviest concentration of long-term holder supply
- —Spot Bitcoin ETF inflows remain mixed and modest
Why it matters: A sustained break above $85,000 could open the door to further gains, while a rejection would keep Bitcoin range-bound between $83,000 and $87,000.
Source: Crypto Briefing