Bitcoin
Glassnode Sees On-Chain Demand Steering Bitcoin (BTC) Toward $96.7K
COINOTAG·October 6, 2026·1 min read
Bitcoin (BTC) holds near $86,000 after breaking the $85,000 sell wall, with on-chain demand, not leverage, driving the move toward $96,700. Glassnode data indicates that spot buying pressure is the primary catalyst, suggesting a sustainable rally backed by real accumulation rather than speculative trading.
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