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via The Block · By The Block Editorial

Bitcoin bulls 'approaching the ceiling' near $85K resistance with $1.69B ETF inflow streak and macro tailwinds aligned: analysts

BTC

BTC/USDT

$61,248.01

-2.66%

$61,248.01

-2.66%

(24s)

24h Volume

$29,844,209,188.30

24h H/L

$62,924.00 / $59,102.70

Change: $3,821.30 (6.47%)

Long/Short

67.8%

Long: 67.8%Short: 32.2%

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,280.09

▲ 0.33%

Volume (24h): -

Resistance Levels

Resistance 3$64,719.41

Resistance 2$63,339.48

Resistance 1$61,871.62

Price$61,280.09

Support 1$61,067.23

Support 2$59,097.49

Support 3$52,643.43

Pivot (PP):$61,309.14

Trend:Downtrend

RSI (14):34.2

The Block Editorial

(05:21 PM UTC)

1 min read

Updated byJames Mitchell

516 views

0 comments

Bitcoin is trading near $81,000 and has cleared two onchain cost basis levels that analysts consider structurally significant, but the market is now approaching what Glassnode calls the next major ceiling.

The cryptocurrency's Active Realized Price is near $85,200. That metric tracks the cost basis of all non-dormant supply, and represents the threshold where overhead selling pressure is likely…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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