Bitcoin recovery faces key $83,000-$86,000 selling test

Bitcoin has entered a recovery phase, but Glassnode says heavy supply between $83,000 and $86,000 could determine whether gains continue. U.S. spot Bitcoin ETFs attracted $22.3 billion in net inflows during the rebound, their strongest weekly inflow this year. Meanwhile, BTC-denominated futures open interest fell 11% and funding rates remained near neutral, suggesting excessive leverage has not returned. Resistance is concentrated around $80,800 and $82,300, with additional overlapping barriers from $82,000 to $86,000, including long-term holder supply and order-book sell walls. Glassnode said a sustained move above $83,300 alongside continued spot ETF inflows could indicate that the market is absorbing the available supply.

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Bitcoin recovery faces key $83,000-$86,000 selling test - CoinPost Terminal