Glassnode: Bitcoin stalls below dense $84K–$85K supply zone
- —The $84,000–$85,000 band is Bitcoin's thickest supply zone on the chart
- —Long-term holder coins are clustered there more than at any other price level
- —A breakout and hold above the range is needed to extend the rally
Why it matters: The $84K–$85K zone is the key barrier: a clean break opens further upside, while rejection risks another pullback.
Source: Bloomingbit