Bitcoin Could Explode to $136,000 if This Happens, Says Analytics Firm
Posted On July 20, 2025
In a recent prediction by analytics platform Glassnode, Bitcoin‘s (CRYPTO: BTC) value could potentially surge by roughly 15%, reaching a staggering $136,000, if current demand continues. However, there is a possible hitch to this prediction.
What Happened: Glassnode’s short-term holder (STH) cost basis model indicates that Bitcoin’s next significant resistance level is just shy of $140,000. This model, which calculates the average price at which short-term Bitcoin holders bought their coins, can be utilized to identify potential entry and exit points.
Despite Glassnode’s optimistic outlook for Bitcoin’s value, the firm also cautions of a possible …