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that had stalled several previous attempts to advance.Glassnode said some of those orders were filled and the remainder withdrawn, leaving a smaller concentration of asks around $87,000 and less visible liquidity immediately above.Bitcoin cleared $85,000 after sell orders vanished, then met new resistance near $87,000. Source: GlassnodeAt the same time, bands on CryptoQuant’s Bitcoin Accumulation Trend chart have begun contracting, reviving a pattern seen before two sharp advances in 2025.The setup adds another bullish signal to a market that has reclaimed several key cost-basis levels, though the limited number of previous occurrences makes the pattern far from conclusive.Past contractions offer a bullish, but limited, precedentPer CryptoQuant, the current contraction resembles two episodes in 2025 followed by sizable gains, giving traders a bullish analog as Bitcoin enters October.The Accumulation Trend tracks buying and selling behavior across different ...