Analyzing The Current Long-Term And Short-Term Bitcoin Holder Cost Bases
The current short-term and long-term bitcoin holder cost bases offer some signals 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.The current short-term holder cost basis has been a key price support to watch over the last couple months as it’s dropped from nearly $53,000 to $49,986. Price below the short-term cost basis is a fairly cautious market sign as recent market buyers are down 15.5% on....
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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 […]
What the ratio of short-term bitcoin holders to long-term bitcoin holders can tell us about the market.
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,....
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.....