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Bitcoin Crisis: This critical level could overturn everything!

2026-09-11 21:36:18
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Inflation data exceeded expectations and triggered selling pressure, with Bitcoin US$75,000 becoming a key defense line.

Affected by the latest U.S. inflation data being higher than market expectations, Bitcoin prices are facing significant selling pressure. As investors become cautious about risky assets and BTC prices fall back into key support areas, the market is closely watching potential new support levels. Cryptocurrency analysis company Glassnode, based on the latest data, points out the important levels that Bitcoin needs to defend.

According to the company's analysis, if the current accumulation area falls, US$75,000 will become the first key support level. If selling pressure continues and this support level is broken below, the adjustment may deepen and the US$60,000 area may come into view.

US$75,000: Key support level for Bitcoin

Glassnode's analysis shows that investors continue to accumulate Bitcoin at current price levels. This situation will help provide support for BTC prices in the short term, but it is crucial to protect existing accumulation areas. Once Bitcoin prices fall below this zone, the first important support level will be around $75,000. Market analysis believes that if the sell-off intensifies and causes the support to fail, the market adjustment may develop to a deeper level.

US$83,000 to US$86,000: Strong resistance area

There is a strong area of resistance during a possible rebound in Bitcoin. Data from Glassnode shows that long-term investors purchased approximately 1.07 million BTC for between $83,000 and $86,000. Cost intensity has concentrated particularly around $85,000, further increasing the importance of the region. Therefore, the US$83,000 to US$86,000 range is considered a strong supply area for Bitcoin. These levels of selling pressure could increase if prices rise again. In order to achieve a stronger upward trend, breaking through this resistance zone will be key.

Inflation data accelerates Bitcoin's decline

One of the main reasons for the recent Bitcoin correction is inflation data released by the United States. The U.S. producer price index (PPI) reached 5.4%, higher than market expectations of 5.3%, causing concerns about inflation to rise again. The stronger-than-expected data supports the view that the Fed may remain hawkish on monetary policy, increasing selling pressure on Bitcoin and other risky assets. Currently, investors 'focus is on the Federal Reserve's new signals on interest rate policy.

Key monitoring points pointed out by Glassnode

According to Glassnode's analysis, the key levels to pay attention to in the downward and upward scenarios are as follows:

  • First support level-US$75,000: If Bitcoin falls back from the current accumulation area, this position will serve as the primary and important support. Holding this level is crucial to limit selling pressure.
  • Main support level-US$60,000:If the US$75,000 support falls and selling strengthens, Bitcoin's correction may deepen into the US$60,000 region.
  • First resistance level-US$83,000: If Bitcoin resumes its gains, this level will be the first important resistance encountered.
  • Major resistance zone-US$85,000 to US$86,000: As this is a cost-intensive area for long-term investors, it creates a strong supply wall. In particular, concentrated positions around US$85,000 have become a key area that may limit Bitcoin's rise.

Assessment and Outlook

From a short-term perspective, US$75,000 has become a key line of defense for Bitcoin. Protecting existing accumulation areas will help BTC stabilize again, but if this area and the subsequent US$75,000 support fail, selling pressure may increase. In this scenario, the $60,000 area pointed out by Glassnode may receive more attention. In the upward scenario, Bitcoin must first break through the strong supply area of $83,000 to $86,000. In addition, U.S. inflation data and market expectations for the Federal Reserve will continue to determine the short-term trend of Bitcoin.

Disclaimer:

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