The bitcoin price is at a very interesting point in its current market cycle. With lots of different opinions and not much movement in price, it’s hard to know what’s coming next. But when we look at the important data, things get a lot clearer. These signals don’t just tell us what might happen in the immediate future, but can clarify what the coming weeks and months could bring.

The Short-Term Holder Realized Price and Bitcoin Price Support

We begin with the Short-Term Holder Realized Price, effectively the average cost basis for new market participants. This level has historically acted as a dynamic zone of support and resistance throughout each cycle. At present,…

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