Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000
Bitcoin’s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins. On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance. Glassnode said some of those orders were filled and the remainder […] The post Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000 appeared first on CryptoSlate.
Key Takeaways
- Bitcoin’s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins.
- 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance.
- Glassnode said some of those orders were filled and the remainder […] The post Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000 appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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