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Glassnode: Next Key Resistance Level for Bitcoin Around $136,000 if Uptrend Continues

Summary: According to reports, Glassnode posted on social media that the price of Bitcoin recently touched the short-term holder cost benchmark (around $120,000) above +1 standard deviation (SD) level, which historically forms a resistance level in strong uptrends. If the current trend continues, the next key resistance level will be around +2 standard deviations (approximately $136,000).

According to reports, Glassnode posted on social media that the price of Bitcoin recently touched the short-term holder cost benchmark (around $120,000) above +1 standard deviation (SD) level, which historically forms a resistance level in strong uptrends. If the current trend continues, the next key resistance level will be around +2 standard deviations (approximately $136,000).

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