Tag Archives: Bitcoin short-term holders

Bitcoin Trend Constructive As Long As This Metric Holds, Glassnode Says

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On-chain analytics firm Glassnode has explained how the Bitcoin price trend remains constructive as long as the asset trades above the short-term holder cost basis. Bitcoin Is Still Maintaining Above Short-Term Holder Realized Price In a new Realized Price” here refers to an indicator that keeps track of the cost basis of the average investor… Continue reading Bitcoin Trend Constructive As Long As This Metric Holds, Glassnode Says→

Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?

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Bitcoin has seen a rebound since retesting the short-term holder Realized Price, a sign that this historical on-chain support may be holding. Bitcoin Short-Term Holder Realized Price Just Acted As Support As explained by CryptoQuant author IT Tech in an X Realized Price” here refers to an on-chain indicator that measures the cost basis of… Continue reading Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long?→

Bitcoin Risks Deeper Losses If $107,800 Line Fails To Hold – Details

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Since reaching a new all-time high of $124,427 on August 14, Bitcoin has entered a prolonged corrective phase, losing 12.18% of its value over the last two weeks. With market prices now moving within the $109,000 range, market analyst Yonsei_dent has identified a pivotal support level to the present bullish market structure. Bitcoin’s $107,800 Line… Continue reading Bitcoin Risks Deeper Losses If $107,800 Line Fails To Hold – Details→

Bitcoin Next Crucial Test Lies At $127,000 — Breakout Eyes $144,000 Mark

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Bitcoin is trading in the $117,000 price region following a rather eventful week, which allowed investors to experience both sides of the market volatility. Notably, the premier cryptocurrency established a new all-time high at $124,457 before experiencing a sharp crash to below $118,000 driven by recent US PPI data. As enthusiasts await the asset’s next… Continue reading Bitcoin Next Crucial Test Lies At $127,000 — Breakout Eyes $144,000 Mark→

Bitcoin Short-Term Holders Are Capitulating—Will June Pattern Repeat?

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On-chain data shows that the Bitcoin short-term holders have switched to loss-taking recently. Here’s what this could mean for the asset. Bitcoin Short-Term Holder SOPR Has Dropped Below 1.0 In a new Spent Output Profit Ratio (SOPR), which tells us about whether the BTC investors are selling/moving their coins at a profit or loss. When… Continue reading Bitcoin Short-Term Holders Are Capitulating—Will June Pattern Repeat?→

This Bitcoin Metric Often Flags Turning Points—What’s It Saying Now?

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The Bitcoin short-term holder balance has often shown shifts near market tops and bottoms. Here’s what the metric’s trend is signaling right now. Bitcoin Short-Term Holder Balance Hasn’t Seen Any Major Shifts Recently In a new post on X, institutional DeFi solutions provider Sentora (formerly IntoTheBlock) has shared a chart that shows how the holdings… Continue reading This Bitcoin Metric Often Flags Turning Points—What’s It Saying Now?→

Bitcoin Short-Term Upper Bound Is $117,000, Glassnode Says

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The on-chain analytics firm Glassnode has revealed Bitcoin has recently been trading within a short-term band that has its upper level currently located at $117,000. Bitcoin Is Trading Between These Two Short-Term Holder Price Bands In a new short-term holders (STHs), investors who purchased their coins within the past 155 days. The indicator related to… Continue reading Bitcoin Short-Term Upper Bound Is $117,000, Glassnode Says→

Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says

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An analyst has explained how Bitcoin could face significant waves of selling pressure from the short-term holders around these price levels. Bitcoin Short-Term Holder MVRV Could Flag These Levels As Important In a new post on X, CryptoQuant author Axel Adler Jr has talked about the trend in the Market Value to Realized Value (MVRV)… Continue reading Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says→

Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000

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On-chain data shows the Bitcoin price has reclaimed the cost basis of the short-term holders, a level that has historically been psychologically important. Bitcoin Is Now Back Above The Short-Term Holder Realized Price In a new Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of the average… Continue reading Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000→

Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even

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Bitcoin prices gained by only 0.95% in the past week amidst an intense market consolidation. The premier cryptocurrency is struggling to break out of the $85,000-$86,000 price range following an impressive price rally in the second week of April. However, popular crypto analyst Ali Martinez has identified the major price resistance for the current Bitcoin… Continue reading Bitcoin Faces Critical Resistance At $91,000 As Short-Term Holders Hover At Break-Even→