Glassnode Flags Bitcoin Cost-Basis Resistance and ETF Support Levels

Community Trust Score Verified 91 % Real Verified 43 votes Updated 12 minutes ago Bitcoin is staring at a wall. Glassnode put $87,700 as the key resistance level in its latest on-chain assessment, with $81,500 flagged as the breakeven price for U.S. spot Bitcoin ETFs sitting below as a support marker. Why it matters: The setup highlights where supply may become more willing to sell and where buyers may need to defend momentum, making these levels important for short-term price discovery.