Glassnode: What Bitcoin Long-Term Holder Cost Basis Tells Us About Bear Marke...
Data from Glassnode shows the Bitcoin long-term holder cost basis is currently above the realized price of the crypto. Bitcoin Long-Term Holder Cost Basis May Have Hints For Bear Market Length As per the latest weekly report from the analytics firm Glassnode, the LTH cost basis has remained below the realized price for a period […]
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Data from Glassnode shows Bitcoin hasn’t yet seen a crossover in the current cycle that has historically marked late-bear periods. Bitcoin Short-Term Holder Realized Price Is Still Above Long-Term Holder’s According to the latest weekly report from Glassnode, the STH and LTH realized price crossover hasn’t yet taken place during the current bear market. The “realized price” is a metric that signifies the cost basis of the average holder in the Bitcoin market. Its value is calculated by dividing the realized cap with the total number of coins in circulation.....
The complex-sounding but insightful Long-Term & Short-Term Holder Realized Price Ratio is tipped to repeat its historical bull signal. A "favorite" Bitcoin (BTC) price signal could be about to turn bullish — and upside has always resulted, data shows.As noted by podcast host Preston Pysh on Oct. 18, the Long-Term & Short-Term Holder Realized Price Ratio (LTHSTH-RPR) looks primed to print a bull flag.Chart hints at return of the bullsIt may sound wordy, but LTHSTH-RPR is one of the most accurate Bitcoin price indicators. Its creator, Bitcoin 2021 conference organizer Dylan LeClair,....
The short-term and long-term bitcoin holder cost basis ratio is trending downward, signaling a shift in market conditions.
Taking a look at advanced bitcoin market metrics, like SOPR, long-term holder cost basis, spent volume and long-term holder MVRV.
Bitcoin prices have returned above $105,000 in the past 24 hours following a sharp price decline on Thursday triggered by macroeconomic pressures. Notably, US President Donald Trump and former political ally Elon Musk had engaged in a public spat which spiked the volatility in a crypto market already undergoing a corrective phase. Amidst some level of renewed stability in the last two days, popular analytics firm Glassnode has now shared an important on-chain analysis highlighting the presently key price levels in the Bitcoin market. Related Reading: Can Bitcoin Price Bounce To $120,000....