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Bitcoin struggles below $85,000, a key level with heavy long-term holder supply.

Technical Signals
29 Sep 2026
Tokenpost
View Source
Neutral
Bitcoin struggles below $85,000, a key level with heavy long-term holder supply.

Bitcoin is currently trading just below the $84,000-$85,000 price range, which is significant because it contains the largest cluster of coins held by long-term investors. This zone acts as a critical resistance level for Bitcoin's price movement. For Bitcoin's upward trend to continue, it needs to break above this range and sustain trading above it. The market is closely watching this level as it could determine the next major move for Bitcoin.

As of Sep 29, 2026 16:41 WIB, Bitcoin trades at Rp1.506.933.918 on Pluang, showing a 1.18% gain in the last day. The platform records a strong buying interest with 66% of orders as buys and a typical hold time of 110 days, indicating steady investor confidence. Bitcoin's market cap stands at Rp30.280,24 trillion, highlighting its dominant position in the digital asset space.

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