Bitcoin: Trades Near $82k as October Selling Eases
Glassnode reports Bitcoin trades near $82k after a quiet week that held above $80k, with eased early October selling but absent spot and ETF buyers as capital shifts to newer on-chain hands.
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Bitcoin trades near $82k after a quiet week that held above $80k, according to Glassnode. The selling behind the early October slide eased, but spot and ETF buyers have not returned while capital keeps moving into newer hands on-chain.
Price action shows BTC at $82046.15 testing the EMA200 at $82071.9 as immediate support while the EMA50 at $82300.5 caps upside. With the MACD flashing a bullish golden cross at -20.6 and RSI neutral at 50.25, the market sits inside the Bollinger band between $80869.54 support and $82663.12 resistance, suggesting a measured push toward the upper band before any deeper retracement to the 50-EMA.
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