According to The Block, Bitcoin rose toward $87,000 on Friday as sellers reduced holdings around the $85,000 level. The increase followed the clearing of a notable sell wall near that price point. Separate analysis from Glassnode indicated the movement reflected sellers exiting positions in that range. Meanwhile, recent US jobs data came in below market expectations, contributing to broader market caution. The timing of the sell‑wall clearance coincided with the price rebound, while the weaker jobs figures remained a factor influencing investor sentiment.
