BlockBeats news, on July 18, Glassnode posted on social media that the Bitcoin price recently touched above the short-term holder cost benchmark (approximately $120,000) at the +1 standard deviation (SD) level, which often forms a resistance level during historically strong pump markets. If the current trend continues, the next key resistance level will be near the +2 standard deviation (approximately $136,000).
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Glassnode: If the Bitcoin pump continues, the next key resistance level is around $136,000.
BlockBeats news, on July 18, Glassnode posted on social media that the Bitcoin price recently touched above the short-term holder cost benchmark (approximately $120,000) at the +1 standard deviation (SD) level, which often forms a resistance level during historically strong pump markets. If the current trend continues, the next key resistance level will be near the +2 standard deviation (approximately $136,000).