Bitcoin Faces $85,000–$87,500 Supply Test After $80,000 Rebound

Glassnode’s October 21 report identifies an overhead Bitcoin supply zone around $85,000–$87,500 after bids returned near $80,000. Its levels describe a market structure, not a guaranteed price path.
Key Takeaways
- Glassnode’s October 21 report identifies an overhead Bitcoin supply zone around $85,000–$87,500 after bids returned near $80,000.
- Its levels describe a market structure, not a guaranteed price path.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from NewsBTC. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Bitcoin ETFs Erase October Losses With $1 Billion in Three Days
Spot Bitcoin ETFs have drawn about $1.07 billion over three sessions, pushing October flows to a gain of roughly $460 million, even as Bitcoin and Ethereum prices slipped.

Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower
Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action.
Fireblocks Denies $2.5 Billion Visa Buyout Claims
Earlier today, Axios reported that Visa is in late-stage talks to acquire crypto infrastructure company Fireblocks for around $2.5 billion. Fireblocks has rejected the claim. “We are aware of the rumors about a possible acquisition of Fireblocks by Visa. This…