Bitcoin Short-Term Holders Still Bullish, Will Rally Restart?
Sponsored
Sponsored
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 that a Bitcoin cross that has proved quite profitable has once again formed for the cryptocurrency. Bitcoin Realized Price Of Short-Term Holders Overtakes Long-Term Holders As an analyst in a CryptoQuant post explained, the realized price of the 1 to 3 months holders has just exceeded that…
On-chain data shows a Bitcoin metric has recently hit levels that have historically led to corrections in the cryptocurrency’s price. Bitcoin Is Currently 40% Above The Cost Basis Of Short-Term Holders CryptoQuant Netherlands community manager Maartunn explained in a post on X that the BTC price is currently 40% above…