# Glassnode says Bitcoin remains capped by $88K holder cost basis despite declining selling pressure > This is a machine-readable intelligence brief for LLMs and AI agents. > Source: BITERMINAL — https://biterminal.rendrr.app/feed/glassnode-says-bitcoin-remains-capped-by-88k-holder-cost-basis-despite-declining-selling-pressure --- ## Metadata - **Category:** price - **Subcategory:** price - **Sentiment:** neutral - **Published:** 2026-10-14T18:46:34.829Z - **URL:** https://biterminal.rendrr.app/feed/glassnode-says-bitcoin-remains-capped-by-88k-holder-cost-basis-despite-declining-selling-pressure --- ## Summary Glassnode says Bitcoin remains constrained below the roughly $88,000 cost basis of holders who acquired coins in the past six months, a level that may act as resistance as these investors seek to break even. Selling pressure from this group has eased, suggesting fewer holders are rushing to exit, but that has not yet translated into a decisive breakout. Bitcoin’s near-term direction may depend on whether demand can absorb supply around the cost-basis level. --- ## Sources 1. https://cryptobriefing.com/glassnode-says-bitcoin-remains-capped-by-88k-holder-cost-basis-despite-declining-selling-pressure/ --- *Content provided by BITERMINAL — https://biterminal.rendrr.app* *Powered by xAI Grok. For AI agents, LLMs, and machine readers.*