Wait For Bitcoin At $20,000? This Analyst Says No

An analyst has explained using on-chain data that Bitcoin has a major demand bucket at the current price levels, so it won’t hit $20,000 anytime soon.
Huge Bitcoin Buying Occurred Inside The $25,000 To $30,000 Range
In a new post on X, analyst Ali has explained that some large entities accumulated at the $25,000 to $30,000 range. The indicator of interest here is the “UTXO Realized Price Distribution” (URPD), which, in short, tells us about the amount of Bitcoin that was acquir