šØ Bitcoin Bulls Eye $136K ā How Soon Could It Happen? š
Bitcoin has officially broken free from the boring $100Kā$110K range and smashed a new all-time high of $122,000. The next target? A massive $136,000 resistance zone ā and bulls are charging fast.
But this isnāt just hype. According to Glassnodeās Cost Basis Distribution (CBD) Heatmap, the sideways chop over the past weeks wasnāt wasted. Smart money was quietly accumulating between:
š $93Kā$97K
š $104Kā$110K
These ranges are now loaded with deep-profit holders ā forming strong support zones that wonāt disappear overnight.
š According to Glassnodeās Quantiles model, Bitcoinās spot price is now trading above the 95th percentile of cost basis (~$107,400). Thatās typically where short-term holders begin profit-taking ā and weāre already seeing that.
BTC tapped $122.6K and quickly pulled back to $115.9K, right after hitting +1 SD above the short-term holder cost basis. Textbook behavior.
So whatās next?
If bulls can hold the line around $115K and regain momentum, $136,000 is well within reach ā and sooner than most expect.
š¢ Watch these levels:
⢠$115K Support
⢠$122K Breakout Retest
⢠$136K Major Resistance
Stay sharp, stay bullish. š
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