Glassnode: Bitcoin is climbing to the liquidation zone of $83,000 to $86,000
On-chain data analysis platform Glassnode stated: Bitcoin is rising into a thickening liquidation zone, with a dense cluster located around $83,000 to $86,000.
If it reaches this area, the price may quickly move through this zone due to short sellers being forced to cover their positions. These short positions have been accumulating for several weeks.
Risk warning Risk warning
