Bitcoin Faces $87.7K Roadblock as Investors Look to Break Even!! Bitcoin’s recovery is facing a major hurdle near $87,700, according to blockchain analytics firm Glassnode. The reason is simple: many investors who bought Bitcoin in late 2025 are still holding at a loss, and they may choose to sell when the price returns to what they originally paid. This behaviour creates selling pressure, making it harder for Bitcoin to climb higher. Glassnode’s analysis identifies $87,700 as a key resistance level, with another important cost-basis level around $99,500 for investors who bought one to two years ago. These price levels could influence how the market behaves during the next rally.