{"id":31360,"date":"2025-06-11T15:16:34","date_gmt":"2025-06-11T15:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31360"},"modified":"2025-06-11T15:16:34","modified_gmt":"2025-06-11T15:16:34","slug":"bitcoins-first-resistance-after-new-highs-is-115400-glassnode","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31360","title":{"rendered":"Bitcoin&#8217;s First Resistance After New Highs Is $115,400: Glassnode"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) rally to $110,300, just $2.400 shy of its all-time high, faces its first major resistance at $115,400, according to a <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45665808\/bitcoin-faces-potential-sell-off-near-120000-as-profit-taking-rises-glassnode-warns\">Glassnode report on Tuesday<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The <a href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-23-2025\/?utm_campaign=WoC_23_25&amp;utm_medium=email&amp;utm_source=newsletter\">report<\/a> highlights this critical threshold as the market enters price discovery, with the Short-Term Holder (STH) cost basis at $97.6K acting as a key support level.<\/p>\n<p>&#8220;On the upside, the $115,400 zone emerges as the first significant resistance should the market enter price discovery,&#8221; the report states.<\/p>\n<p>After a correction to $101,000, Bitcoin has shown resilience, recovering to $110,300, driven by renewed demand and robust investor confidence.<\/p>\n<p>The report notes that holding above $100,000 signals strong market sentiment, despite a brief dip in the Fear and &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45886659\/bitcoins-first-resistance-after-new-highs-is-115400-glassnode\" alt=\"Bitcoin's\" first resistance after new highs is glassnode>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s (CRYPTO: BTC) rally to $110,300, just $2.400 shy of its all-time high, faces its first major resistance at $115,400, according to a Glassnode report on Tuesday. What Happened: The report highlights this critical threshold as the market enters price discovery, with the Short-Term Holder (STH) cost basis at $97.6K acting as a key support [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31360","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31360"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31360\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}