Bitcoin Breaks Above STH Realized Price For The First Time In Weeks – What’s ...
Bitcoin is showing early signs of strength as it attempts to reclaim the $115,000 level. After weeks of mixed sentiment and heavy selling pressure, momentum appears to be turning slightly bullish. The recent weekly close above $114,500 has confirmed a reclaim of the Short-Term Holder (STH) Realized Price, a key on-chain threshold currently sitting near $113,000. This metric represents the average cost basis of recent market participants and often serves as a pivotal line separating bullish from bearish sentiment. Related Reading: Bitcoin Supply In Profit Rises To 83.6% – Market Momentum....
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The realized bitcoin price, measuring the value of every UTXO last moved to calculate the price of bitcoin, has hit its highest-ever mark.
Data shows Bitcoin has broken above the realized price once again as the crypto surges to $22k. Will the recovery hold this time? Bitcoin Makes 2nd Attempt To Break Above Realized Price In 10 Days As pointed out by an analyst in a CryptoQuant post, BTC may be finally shooting above the realized price again after spending 33 days below the level in total. To understand what the “realized price” is, it’s best to first take a look at a quick explanation of the two main capitalization methods for Bitcoin. The “market cap” is calculated by multiplying each coin in....
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 post on X, the on-chain analytics firm Glassnode has discussed the Realized Price of the Bitcoin short-term holders. The “Realized Price” here refers to an indicator that keeps track of the cost basis or acquisition level of the average investor in the BTC sector. Related Reading: Bitcoin Spot Volume Nearly Triples As BTC Breaks $91,000 When the spot....
Bitcoin's realized market capitalization, a measure of the average cost basis for all bitcoin on the network, has broken its all-time high and hit $400 billion.
After what seemed like a strong start to September, the Bitcoin price is pretty much back where it began the month. With the historically bullish “Uptober” now in sight, investors are hoping that the premier cryptocurrency will be able to find some relief and perhaps enjoy some upward momentum in the coming weeks. However, the latest on-chain revelation suggests that the Bitcoin price is at risk of further downward pressure over the next few weeks. According to a prominent analyst on social media platform X, the market leader has fallen below a crucial level, which could trigger a further....