Foresight News reports that, according to glassnode data, the BTC price has reached +1 standard deviation (SD) above the short-term holder cost basis (approximately $120,000), a level that has historically acted as a resistance during strong momentum phases. If this trend continues, the next resistance level is at +2 standard deviations, around $136,000.
Glassnode: If BTC trend continues, the next resistance level is approximately $136,000
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BTC
117,844.71
-2.24%
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