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    "headline": "Bitcoin faces $47B supply overhang before next $80K breakout",
    "dek": "Bitcoin must absorb $47 billion in newly profitable supply before breaking $80,000.",
    "prose": "Bitcoin is trading near $77,381 as of the article's publication. [^1]\n\nGlassnode reports that 68% of Bitcoin's circulating supply is now in profit at the current price level, an increase from 65% when Bitcoin traded at this level in May. [^2] Glassnode's research identifies heavy long-term holder supply concentrated between $83,000 and $86,000, quantified at roughly 1.05 million Bitcoin. [^3] Analysts CryptoGoos and Wealthmanager identified a head and shoulders pattern on four-hour charts, putting $71,000 in play if the neckline retest is rejected. [^4]\n\nBitcoin (BTC) price slipped more than 1% this month, trading at $77,577 as geopolitical tensions and rate expectations weigh on risk assets. [^5] Glassnode identifies an accumulation floor between $62,000 and $65,000, built during summer consolidation, as the primary downside reference. [^6] Applying the median historical September decline of 7.24% to the opening price of $78,516 on Binance projects a price of $72,831. [^7]",
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