Bitcoin tests long-term holder supply cluster as leverage clears, analysts say

60-second summary

Bitcoin tests the upper edge of Glassnode’s largest long‑term holder cost‑basis cluster, trading around $84,000 on Tuesday as leveraged positions unwind, analysts note. The price proximity suggests that many investors who bought near $70‑$75 k may hold through short‑term volatility, while the clearing of leverage could stabilize demand and support a sustained bullish trend in the cryptocurrency market.