Glassnode: Bitcoin nears $87,800 breakeven level for 6–12 month holders
- —Average purchase price for 6–12 month BTC holders is $87,800
- —Bitcoin's price has moved close to that breakeven level
- —Selling by 1–2 year holders has increased
- —Glassnode sees diverging trading behavior by holding period
Why it matters: The $87,800 level is a psychological line: holding above it eases sell pressure, while a break below could trigger more loss-taking.
Source: Bloomingbit