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Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000

Bitcoin's rally is nearing a $90,000 test as a previous $85,000 sell wall has disappeared, with traders now betting on reaching $100,000. On October 2, Bitcoin hit an intraday high of $87,000 after buyers broke through the stalled sell-off around $85,000. Glassnode reported that some orders were filled, while others remain. The original article can be found on CryptoSlate.

Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000
Image: CryptoSlate

Bitcoin's rally is nearing a $90,000 test as a previous $85,000 sell wall has disappeared, with traders now betting on reaching $100,000. On October 2, Bitcoin hit an intraday high of $87,000 after buyers broke through the stalled sell-off around $85,000. Glassnode reported that some orders were filled, while others remain. The original article can be found on CryptoSlate.

Sources

  • CryptoSlate — Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000

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