Glassnode identified a key resistance zone for Bitcoin between $87,000 and $87,800 in Q4, warning that a breakout above this range could trigger significant volatility. The analysis, previously featured in the "Charting Crypto" report co-authored with Colin Basco and Coinbase Institutional, noted that BTC has consistently been capped by this level and is currently consolidating below it.
While a move through the $87K–$87.8K band may lead to sharp price action, Glassnode highlighted another substantial supply cluster near $90,000 that could act as further upside pressure.
Glassnode: BTC Breakout Above $87K-$87.8K Resistance May Trigger Volatility
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