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Bitcoin’s $85,000 sell wall is gone and traders are now betting on $100,000
Bitcoin’s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins. On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance.
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CoinGecko last prints — not a Dextape quote.
Key points
- Bitcoin hit an intraday high of $87,000 on Oct. 2 after the $85,000 sell wall was filled or withdrawn, Glassnode said.
- CryptoQuant data show contracting accumulation-trend bands and holder cost bases near $88,350 and $89,200, while Bitwise flags $90,000–$100,000 as converging resistance.
- Deribit shows billions in call exposure at $90,000, $95,000 and $100,000, and open interest rose to about $56.2 billion, per CoinGlass.
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