Bitcoin Faces 1.05M BTC Supply Test at $83K-$86K

NewsFri, 28 Aug 2026 05:30:00 UTC3 hours ago
Bitcoin Faces 1.05M BTC Supply Test at $83K-$86K
Bitcoin’s rebound is approaching a major long-term holder supply zone between $83,000 and $86,000, according to Glassnode. With leverage reduced and U.S. spot Bitcoin ETFs recording strong inflows, BTC’s ability to absorb this supply could determine whether the recovery gains further momentum.
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