Bitcoin's Long-Term Holder To Short-Term Holder Cost Basis Ratio
What the ratio of short-term bitcoin holders to long-term bitcoin holders can tell us about the market.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.We have mentioned the cost basis ratio of bitcoin's long-term holders (LTH) and short-term holders (STH) a numerous amount of times in our previous analysis.For an introduction to the metric, read The Daily Dive #070 - Short-Term:Long-Term Cost Basis Ratio. A....
Related News
The short-term and long-term bitcoin holder cost basis ratio is trending downward, signaling a shift in market conditions.
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 […]
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,....
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 post, Bitcoin found support around the short-term holder Realized Price during the latest dip. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor on the BTC network. Related Reading: Bitcoin HODLers Spend 97,000 BTC—Biggest Move This Year When the price of the....
Taking a look at advanced bitcoin market metrics, like SOPR, long-term holder cost basis, spent volume and long-term holder MVRV.