Bitcoin ‘top buyers’ halt BTC price upside with $87.7K now key: Glassnode
BTC when published $83,330Now $80,577 ▼ −3.30% since it was published
Bitcoin price current resistance near $87,000 was reinforced by investors who bought BTC in late 2025, per new research. Bitcoin (BTC) investors sitting on unrealized losses are capping price gains at $87,700, while ETF inflows strengthen support at $80,000, analysis reveals. New research from onchain analytics platform Glassnode reveals that the breakeven point for a cohort of new Bitcoin holders is currently acting as resistance. Since the start of the year, two groups of holders have kept BTC/USD from moving higher once it challenges their acquisition cost basis. In November 2025, price lost the cost basis of investors with entries between six and 12 months prior, which sat at $94,000 at the time.
First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.
