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Wu Blockchain (@WuBlockchain): Glassnode noted that Bitcoin ($BTC) has reached +1 standard deviation above the short-term holder cost basis (~$120K), a level that historically acts…

Estimated coin impact

Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.

Glassnode noted that Bitcoin ($BTC) has reached +1 standard deviation above the short-term holder cost basis (~$120K), a level that historically acts as resistance during strong momentum phases. If the trend continues, the next resistance lies at +2 SD, around $136K. https://t.co/BdK2tFXFOf

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