Glassnode: If the Bitcoin uptrend continues, the next key resistance level is around $136,000

By: theblockbeats.news|2025/07/18 09:51:43

BlockBeats News, July 18th, Glassnode posted on social media that the Bitcoin price recently touched above the Short-Term Holder Cost Basis (around $120,000) +1 Standard Deviation (SD) level. This level has historically acted as a resistance level during strong uptrends. If the current trend continues, the next key resistance level will be located near +2 Standard Deviation (around $136,000).

You may also like

News thumbnail

Why Is the Crypto Market Down Today on August 5, 2025? Volatility Surges Amid Israel-Iran Conflict, But Uptrend Signals Remain Strong

Imagine the crypto market as a high-stakes rollercoaster, thrilling one moment and stomach-churning the next. Right now, on…

crypto insight|2025/08/05 13:50:18
News thumbnail

Bitcoin ETFs End Parabolic Bull Runs and Crashing Bear Markets, Says Analyst

Imagine a world where Bitcoin’s wild price swings feel like a distant memory, replaced by steadier climbs that…

crypto insight|2025/08/05 13:50:19
News thumbnail

El Salvador’s Bitcoin Holdings Struggle to Benefit Everyday Citizens, Says NGO Leader

As of August 5, 2025, El Salvador’s bold experiment with Bitcoin as a national asset continues to spark…

crypto insight|2025/08/05 13:00:18
News thumbnail

How to Mine Bitcoin at Home in 2025: A Practical Guide for Beginners

As of August 5, 2025, Bitcoin continues to capture imaginations worldwide, and if you’re curious about getting involved…

crypto insight|2025/08/05 11:00:22
News thumbnail

Is Bitcoin on Track to Hit $200,000 in 2025? Analyst Calls It ‘Very Improbable’

As we look at the cryptocurrency landscape on this date, August 5, 2025, Bitcoin continues to captivate investors…

crypto insight|2025/08/05 10:10:17
Share
copy

Gainers

Community
iconiconiconiconiconiconiconicon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]