Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?
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On-chain data shows that Bitcoin short-term holders have participated in buying recently despite the price briefly dropping below their cost basis. Bitcoin Has Rebounded Back Above Short-Term Holder Realized Price As pointed out by an analyst in a CryptoQuant post, the BTC price had recently fallen below the realized price of the short-term holders. The “realized price” here refers to a metric that’s derived from the “realized cap.” The realized cap is a popular capitalization model for Bitcoin that assumes that the true value of each coin in circulation is not the current spot price, but the price at which
In recent times, a noteworthy trend has emerged in the Bitcoin market, shedding light on the sentiments and actions of short-term holders. During a notable price surge in Bitcoin, there has been a marked increase in accumulation among new investors. According to CryptoQuant, this increase in activity has caused the…
On-chain data shows the short-term holder Bitcoin whales have recently increased their Realized Cap share to the highest level ever. Bitcoin Is Currently Being Dominated By New Capital In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the share of the Bitcoin…
Bitcoin has faced persistent challenges in recent weeks, struggling to maintain a stable upward momentum. After recently slipping below $100,000, the cryptocurrency now hovers around the $95,000 mark, causing uncertainty among investors. Despite these setbacks, some analysts see signs that the market’s bull cycle may still have room to run.…