Glassnode: BTC is in a range consolidation, with resistance at $83,000 to $86,000
2026-09-03 00:36:33
According to CoinMeta, as reported by Glassnode, the price of BTC is currently fluctuating within the range of $62,000 to $86,000. The area between $83,000 and $86,000 serves as a long-term supply resistance zone, while the range from $62,000 to $65,000 is considered a support zone for accumulation. On the 7th, the average daily net inflow of spot Bitcoin in the United States ($BJWKEEP_00003__) reached a high of $290 million, with the secondary market trading volume amounting to approximately $3 billion per day. Meanwhile, the yield on 10-year U.S. Treasury bonds has returned to 4.8%, and sovereign debt pressures are affecting market valuations. The outstanding positions for the Deribit and IBIT options, which expire on September 25th, total about $14 billion, with a large portion of these positions concentrated above $80,000.
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Source:Internet
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