Glassnode: Bitcoin holds above $84K with $95K–$97K as next resistance
- —The $84K–$85K zone is the largest accumulation area for long-term BTC holders
- —Spot Bitcoin ETFs took in roughly $1.3 billion over five days after two weeks of outflows
- —Daily spot BTC volume is up 121% from its August low
- —72.5% of altcoins outperformed Bitcoin over the week, versus a 39% peak in August
Why it matters: Holding above $84K keeps a retest of $95K–$97K in play, while a drop below $84K and then $77K would cast doubt on the recovery.
Source: Coinkolik