Markets· ★★★· neutral·

Glassnode: Bitcoin has closed above $85K only five times since January

  • —Bitcoin closed above $85K only five times since January
  • —Longest streak above the level was three consecutive days
  • —Trading volumes remain thin as traders await a clear signal
Why it matters: A breakout above $85K could reignite bullish momentum, while a failure risks further consolidation and volatility.
Source: Coinfomania