Latest Update
2026-10-19 08:03 UTC

Glassnode: Bitcoin Holds Near $82k After Quiet Week

Glassnode: Bitcoin Holds Near $82k After Quiet Week

Glassnode reports Bitcoin trades near $82k after holding above $80k in a quiet week as selling pressure eases yet spot and ETF buyers stay sidelined while capital shifts to newer on-chain holders.

Source

Analysis

Glassnode data shows Bitcoin trading near $81874.97 after a subdued week that kept prices above $80k.

Selling from the early October decline has slowed, but fresh spot and ETF demand has not reappeared, with capital rotating into newer wallet cohorts on-chain.

Price sits below the EMA50 at $82293.79 and the EMA200 at $82070.2, marking those averages as near-term resistance in the prevailing bearish structure. The neutral RSI at 48.66 leaves room for continuation while the MACD golden cross at -34.25 supplies underlying bullish momentum. Trading inside the Bollinger bands, BTC eyes the upper band at $82646.55 as the next volatility target before any deeper test of the lower band support at $80868.99.


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