Glassnode: Bitcoin Supply Wall at $81K-$86K

Glassnode highlights one stubborn supply band between $81K and $86K standing between current BTC recovery and the January high following a 26% run from the mid-August low on record short liquidation.

With BTC price at $78080.31 testing toward upper Bollinger resistance at $80410.9 while the MACD registers a death cross at 1029.98, a healthy retracement to the EMA50 support at $75052.07 appears probable before continuation, as RSI at 54.01 keeps momentum neutral inside the bands.