Bitcoin reached the short-term holder cost +1SD $136,000 or may become the next resistance level.

On July 18, a data analysis platform stated on social media that the Bitcoin price has recently touched the short-term holder cost Benchmark (around $120,000) plus 1 standard deviation (SD) level. This position often forms a resistance level during historical strong pump markets. If the current trend continues, the next key resistance level will be near plus 2 standard deviations (around $136,000).

BTC1.06%
SD-1.73%
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