Glassnode analyst outlines BTC resistance at $83K, $95K

Bitcoin's next resistance level is $83,000, which aligns with the 200-day moving average on the daily chart, according to Checkmate, a lead analyst at on-chain analytics firm Glassnode. In a post on X, he explained that the first resistance was at $78,000, a level near the average cost basis for short-term holders (those holding for less than 155 days). Checkmate added that a strong break above $83,000 could lead to a rise toward $85,000, given the supply at that price point. The final resistance, he noted, is the 50-week moving average at $95,000.