Glassnode: If Bitcoin's upward trend continues, the next key resistance level is around $136,000

BlockBeats News, July 18, Glassnode posted on social media that the Bitcoin price recently reached above the short-term holder cost basis (approximately $120,000) at the +1 standard deviation (SD) level, which often forms a resistance level during historically strong upward trends. If the current trend continues, the next key resistance level will be around +2 standard deviations (approximately $136,000).