Glassnode Identifies $83K–$86K Supply Zone as Key Hurdle for Bitcoin’s Recovery

BitcoinWorld Glassnode Identifies $83K–$86K Supply Zone as Key Hurdle for Bitcoin’s Recovery On-chain analytics firm Glassnode has identified a critical resistance zone between $83,000 and $86,000 that will likely determine whether Bitcoin’s current recovery can sustain momentum.

The firm’s latest market analysis, released this week, points to a confluence of supply clusters and sell-side pressure that could test the resolve of recent buyers. ETF Inflows and Futures Market Signals According to Glassnode, U.S.

spot Bitcoin exchange-traded funds recorded approximately $22.3 billion in net inflows during the recent rebound, marking the strongest weekly inflow figure this year.

This influx of capital suggests renewed institutional interest and has been a primary driver behind the price recovery from recent lows. However, the derivatives market has not shown the same level of exuberance.