Glassnode: Bitcoin Liquidation Cluster at $90k
Glassnode flags Bitcoin's largest overhead liquidation cluster near $90k with BTC at $85439.66, plus clusters at $83k and $75k amid bullish 4h EMA and MACD signals.
SourceAnalysis
Glassnode reports that Bitcoin's largest overhead liquidation cluster sits near $90k, where leveraged shorts would face forced closures if price reaches the level, while the last two months show smaller clusters around $83k and $75k that could accelerate the next move.
Bitcoin liquidation clusters explained through on-chain data align with historical price action near $90k resistance, sharpening BTC price prediction models for traders watching the 4h chart where price holds at $85439.66 inside the Bollinger Bands with upper resistance at $86137.08; the bullish EMA50 at $84360.93 and EMA200 at $81127.23 provide layered support while MACD golden cross at 272.65 confirms trend strength and neutral RSI at 59.89 leaves room for continuation without immediate overbought pressure.
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