Bitcoin Forming A Signal That’s Usually “Very Bullish,” Analyst Says

An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset.
Bitcoin Is Back Above The Realized Price Of Short-Term Holders
As explained by CryptoQuant community manager Maartunn in a new post on X, BTC has reclaimed the Realized Price of the short-term holders. The “Realized Price” here refers to an indicator that, in short, keeps track of the average cost basis of the investors in the Bitcoin market.
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