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

BlockBeatNews
BTC0,38%

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).

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments