glassnode: Bitcoin's $85K sell wall has been absorbed, with reduced sell-side liquidity above
According to Odaily, glassnode posted on X that after nearly a week of multiple attempts, buyers have absorbed the sell wall near $85,000, and the remaining sell orders appear to have been withdrawn. Sell-side liquidity above Bitcoin has now decreased, and Glassnode believes this could accelerate the upward movement of BTC's price.
