Glassnode: 1.05M BTC Held Between $83K-$86K

Glassnode data shows 1.05M BTC of long-term holder supply clustered between $83K and $86K, forming the first major cost-basis shelf above the $79K spot price. Nearly all of this supply has endured the full drawdown, positioning the band as the key test for whether patient holders will sell at breakeven.

Bitcoin trades at $80,229.5 right against the upper Bollinger Band resistance of $80,264.21 with RSI at 65.72 remaining neutral, while the MACD death cross signals fading momentum; a pullback toward the EMA50 support at $75,937.4 appears likely before any sustained push higher, shaping near-term BTC price prediction and Bitcoin long-term holder distribution dynamics.