Opinion: The $87,000–$87,800 resistance zone for Bitcoin remains intact; a breakout above this range could trigger significant volatility.

Glassnode noted in a post on October 20 that Bitcoin’s key Q4 price levels remain intact so far. Earlier, in its *Charting Crypto* report co-authored with Colin Basco and the Coinbase Institutional team, the firm explicitly highlighted strong resistance for BTC between $87,000 and $87,800—price action has indeed stalled within this range, entering a prolonged period of consolidation without mounting a decisive breakout. Glassnode further analyzed that a successful breakout above the current consolidation zone could significantly amplify market volatility; however, a sizable overhang of sell pressure remains clustered near the $90,000 level.