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Bitcoin’s $80K Safety Net Held Once but Glassnode Says It Is Eroding

Bitcoin.com News·October 16, 2026·1 min read
Bitcoin’s $80K Safety Net Held Once but Glassnode Says It Is Eroding

Bitcoin's $80,000 support level held on Thursday as big buyers stepped in, but Glassnode's order book data shows bids under that level are thinning. A heatmap of resting orders on Binance's BTC/USDT spot book from Oct. 15 reveals weakening support, suggesting the safety net may be eroding.

Read at Bitcoin.com News
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