đ URGENT ALERT: Bitcoin Slips Below STH Cost Basis! Is This the Black Friday "Buy Signal"? đ„
We have just received confirmation that the price of Bitcoin ($BTC) has dropped below the Short-Term Holder (STH) Cost Basis, also known as the "Realized Price" for investors who have held their coins for a short period (less than 155 days).
What does this move signify?
âą Short-Term Holder Realized Price (STH Realized Price): This line (the light red line in the chart) represents the average price at which newer traders purchased their coins.
âą Historical Signal: Typically, in a bull market, Bitcoin's price remains above this line. When the price dips below it, it means that most newer investors are now sitting in an unrealized loss position.
âą The Buy Signal: Historical data (as seen in the yellow dots on the chart, which indicate the STH MVRV falling below 1) suggests that trading below the STH Cost Basis has historically been a critical inflection point that offers excellent buying opportunities before the uptrend resumes.
As we witness this dip coinciding with Black Friday, the crucial question arises: Is this just a moment of market stress and fatigue, or is it truly the signal we've been waiting for to accumulate?
Risk Disclaimer: Trading in cryptocurrencies involves high risks and may result in the loss of your capital. This analysis is for informational and news purposes only and does not constitute investment advice.
#BTCRebound90kNext? #BitcoinSPACDeal #BinancehodlerSOMI #BTCHashratePeak #elaouzi