Glassnode: $81,000 - $86,000 is the resistance wall for Bitcoin's rebound

According to The Block, Glassnode stated that $81,000 to $86,000 is the resistance wall between Bitcoin's current rebound and the January peak. Bitcoin has rebounded 26% since the August low.

Glassnode pointed out that this round of Bitcoin's movement is supported by $2.23 billion in ETF inflows, continuous outflows from exchanges, and widespread accumulation among various wallet groups.