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Glassnode Flags $85,000 Wall That Rejected Bitcoin (BTC) Four Times in 2026

COINOTAG·October 29, 2026·1 min read
Glassnode Flags $85,000 Wall That Rejected Bitcoin (BTC) Four Times in 2026

On-chain data shows Bitcoin (BTC) capped by an $85,000 supply wall that rejected it four times in 2026. ETF demand is fading, and volatility is at 2023 lows. The repeated rejections suggest strong selling pressure at that level, potentially keeping BTC range-bound unless buying volume increases.

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