Bitcoin Price Faces Resistance at $87K as Late 2025 Buyers Sell
Bitcoin's upward momentum is being challenged by investors who bought in late 2025, according to Glassnode.
Bitcoin's upward momentum is being challenged by investors who bought in late 2025, according to Glassnode. Bitcoin (BTC) is trading at ₹79,26,591 ($83,442.00). This is an original Token Times brief based on reporting by Cointelegraph, with live market data added, as of Wed, 21 Oct 2026 12:00:01 UTC.
This development highlights a key psychological resistance level for Bitcoin and indicates potential profit-taking by long-term holders, which could influence the near-term price trajectory.
- Bitcoin faces resistance at $87.7K, reinforced by late 2025 buyers selling.
- BTC price currently at $83.4K, up 2.27% in the last 24 hours.
- Market cap remains strong at $1.68T, contributing to overall crypto market growth.
Bitcoin's price is currently facing resistance near the $87,000 mark, according to new research from Glassnode. This level is being reinforced by investors who purchased Bitcoin in late 2025 and are now selling their holdings.
The data indicates that these 'top buyers' are likely taking profits, which is contributing to the price stagnation at this key level. This development is significant as it highlights a potential psychological barrier for Bitcoin's continued upward movement.
Despite this resistance, Bitcoin's price has shown resilience, currently trading at $83,359, up 2.27% in the last 24 hours. This suggests that while there is selling pressure at the $87,000 level, demand remains strong.
The broader crypto market is also performing well, with a total market cap of $2.86 trillion and an overall upward trend. Bitcoin's market cap stands at $1.68 trillion, contributing significantly to the overall market growth.
The Fear & Greed Index is at 63, indicating a state of 'Greed', which suggests that investor sentiment remains positive despite the resistance at $87,000. This could set the stage for further price action as the market watches for a potential breakout or continued consolidation.
Since this brief published about 1 hour ago, Bitcoin (BTC) has moved from ₹79,18,706.21$83,359.00 to ₹79,26,590.81$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 Token Times'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, ₹15.91M 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 Token Times and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₹8.71M (about $83,442.00), up 2.5% over 24 hours. The rupee itself trades about 9.8% above the official rate on the P2P market, so a Indian 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 Price Faces Resistance at $87K as Late 2025 Buyers S — questions & answers
What is Bitcoin's current price and how much has it moved in the last 24 hours?
Bitcoin is currently priced at $83,359, up 2.27% in the last 24 hours.
Why is $87,000 a key level for Bitcoin?
$87,000 is a resistance level reinforced by investors who bought Bitcoin in late 2025 and are now selling.
How does this affect the broader crypto market?
Bitcoin's performance at this level could influence overall market sentiment, given its significant market cap of $1.68 trillion.
How much is 1 Bitcoin worth in rupee today?
About ₹8.71M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,442.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee 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 ₹79,26,591 ($83,442.00) now versus ₹79,18,706 ($83,359.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.