Glassnode: Bitcoin consolidates below $87K resistance
- —Resistance sits in the $87,000–87,800 zone
- —Overhead supply cluster identified around $90,000
- —Trading volumes stay thin as traders await a breakout
- —A break of the range could sharply raise volatility
Why it matters: A break above $87,800 opens the path to $90,000, while a rejection would keep traders cautious into Q4.
Source: Coinfomania