
Bitcoin tests long-term holder supply cluster near $84,000 as leverage clears
- —Largest long-term holder supply band has shifted to $84,000–85,000
- —BTC open interest in coins fell to lowest since March, down 20% from August
- —Bitcoin trades about 35% above its August low of $62,000
- —10-year Treasury yield rose to 5.17% from 5.01% on Sept. 16
Why it matters: Holding $84,000–85,000 will decide whether BTC consolidates into quarter-end or slides toward $80,000 support.
Source: The Block — Markets