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Analyzing The Current Long-Term And Short-Term Bitcoin Holder Cost Bases

From bitcoinmagazine.com

The current short-term holder cost basis has been a key price support to watch over the last couple months as it’s dropped from nearly $53,000 to $49,986. Price below the short-term cost basis is a fairly cautious market sign as recent market buyers are down 15.5% on average. During the summer of 2021, price sustained below the short-term holder cost basis for nearly three months. At the same time, we’re seeing little movement in the long-term holder realized price with almost no change since November. A rising long-term holder realized price is typically a bullish sign with long-term holders selling older coins with ... (full story)

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  • Category: Fundamental Analysis