Bitcoin Faces Resistance at $87.7K as Late 2025 Buyers Take Profits
Bitcoin's price rally is being capped by resistance near $87,000 from investors who bought in late 2025, according to Glassnode.
Bitcoin's price rally is being capped by resistance near $87,000 from investors who bought in late 2025, according to Glassnode. Bitcoin (BTC) is trading at $83,442.00. This is an original TLT brief based on reporting by Cointelegraph, with live market data added, as of Wed, 21 Oct 2026 12:00:08 UTC.
This development highlights a key psychological resistance level for Bitcoin and suggests potential profit-taking by long-term holders, which could influence short-term price dynamics.
- Bitcoin faces resistance near $87,700 from late 2025 buyers.
- BTC price is currently at $83,359, up 2.27% in the last 24 hours.
- Resistance at this level could impact short-term price momentum.
According to Glassnode's research, 
Bitcoin's price is encountering resistance near the $87,000 mark, a level reinforced by investors who bought BTC in late 2025. This suggests that these buyers may be taking profits as the price approaches their entry point.
The current market data shows Bitcoin trading at $83,359, up 2.27% in the last 24 hours. This rally has been part of a broader market uptrend, with the total crypto market cap now at $2.86 trillion.
The resistance at $87,000 is significant as it represents a potential psychological barrier for traders and investors. If Bitcoin fails to break through this level, it could lead to a period of consolidation or a short-term pullback.
Glassnode's analysis provides insight into the behavior of long-term holders, who may be influencing the current price dynamics. Their profit-taking could dampen the momentum of Bitcoin's recent rally.
The broader market sentiment, as indicated by the Fear & Greed Index at 63 (Greed), suggests a positive outlook, but the resistance at $87,000 remains a key factor to watch. If Bitcoin surpasses this level, it could open the door for further gains.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from $83,359.00 to $83,442.00 — +0.10%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $50,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $167.53K 24h volume, resolves Jan 1 — snapshotted when this brief published (Oct 21 11:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦114.03M (about $83,442.00), up 2.5% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitcoin Faces Resistance at $87.7K as Late 2025 Buyers Take — questions & answers
What is the current resistance level for Bitcoin?
Bitcoin's current resistance level is near $87,000, according to Glassnode.
Why is the $87,000 level significant for Bitcoin?
The $87,000 level is significant because it represents a potential psychological barrier and is reinforced by profit-taking from late 2025 buyers.
How is the broader market sentiment affecting Bitcoin?
The broader market sentiment is positive, with the Fear & Greed Index at 63 (Greed), but the $87,000 resistance could limit Bitcoin's upside.
How much is 1 Bitcoin worth in naira today?
About ₦114.03M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $83,442.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.10% since this brief first published — trading at $83,442.00 now versus $83,359.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.