Bitcoin holds $80,000 support as supply near $87,000 limits recovery

2 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$87,000

overhead supply cluster

$BTC

$81,770

-2.0%

Bitcoin tested support near the ETF and corporate cost bases around $80,000. Glassnode identified overlapping supply near $87,000, while renewed ETF inflows were accompanied by subdued trading volume.