NewsSignals AI analysis·NewsBTC·
Bitcoin Faces $85,000–$87,500 Supply Test After $80,000 Rebound
Grade Bbearish AI signal$BTC
Bitcoin faces a key supply zone at $85,000–$87,500 after recovering from its October 15 dip toward $80,000, according to Glassnode's latest on-chain report.
The zone combines a six-to-12-month holder cost basis near $86,700 with sell-side liquidity and modeled liquidation concentrations, while estimated support benchmarks sit near $77,600 and $80,200.
A sustained breakout could accelerate bullish momentum through short liquidations, while concentrated selling pressure could limit Bitcoin's recovery.
Bullish strength: 48/100
- Bids returned around $80,000 following the October 15 dip.
- Short liquidation concentrations could accelerate an upward move through the supply zone.
Bearish strength: 52/100
- Overhead supply between $85,000 and $87,500 could constrain further gains.
- Holder cost basis near $86,700 and sell-side order-book liquidity may increase selling pressure.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.