Bitcoin was trading around $85,954, down 0.8% after briefly hitting $86,922, sitting inside a critical supply zone flagged by on-chain analysts. U.S.-listed spot Bitcoin ETFs saw $1.26 billion in net inflows on Monday, the largest single-day haul in roughly 11 months, with BlackRock’s IBIT alone pulling in $381.4 million. An estimated 1.07 million BTC were bought between $83,000 and $86,000, with the heaviest cluster near $85,000, supply that had barely moved in 30 days. Immediate support sits at $84,000–$84,786, with resistance at $86,297–$87,000; a clean break above $87,000 would revive the $100,000 narrative.
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