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

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…

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…

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…

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…

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…
Gainers
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]