Glassnode: The next key resistance level for BTC is around $108,500

Jinse Finance reported, according to Glassnode data, Bitcoin has successfully rebounded from the 75th percentile cost basis (around $100,000), and is currently consolidating near $106,200. The next key resistance level is the 85th percentile cost basis (around $108,500), which has historically acted as strong resistance during recovery rallies.