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Bitcoin Price Surges Past $120,000 Short-Term Holder Cost Basis, Eyes $136,000 Resistance Level

2025-07-18 09:58:19

Bitcoin Price Surges Past $120,000 Short-Term Holder Cost Basis, Eyes $136,000 Resistance Level

Main Idea

Bitcoin's price has surged past the short-term holder cost basis of $120,000, approaching a significant resistance level near $136,000.

Key Points

1. Bitcoin price surpassed $120,000, a key short-term holder cost basis level.

2. The next significant resistance level is near $136,000.

3. Glassnode highlighted this technical milestone as noteworthy in the volatile cryptocurrency market.

Description

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