Bitcoin Surges to $63K Amid 1.2M BTC Absorption
Bitcoin’s price returns to $63,000 as spot ETFs and Strategy absorb over 1.24M BTC, surpassing Satoshi’s stack. Realized Price metric suggests potential further decline. #Update #Crypto $BTC
Bitcoin’s price returns to $63,000 as spot ETFs and Strategy absorb over 1.24M BTC, surpassing Satoshi’s stack. Realized Price metric suggests potential further decline. #Update #Crypto $BTC
Bitcoin’s short-term holder realized price is $80,700, nearing current $78,200 level after recent rally. Potential retest could impact market dynamics. #Update #Crypto $BTC
CryptoQuant reports Bitcoin’s Realized Price at $54,000, above which BTC has remained this cycle despite bearish momentum. Short-term holders are currently underwater. #Update #Crypto $BTC
Bitcoin’s price retests $100,000 support amid a -1.27 STDV reading in the 90-Day Market Price vs Realized Price Gradient Oscillator, suggesting potential bullish momentum ahead. #Update #Crypto $BTC
Bitcoin ($BTC) rises 4% to $115,050, surpassing mid-term holders’ realized price, suggesting potential for a fresh rally. Short-term holders show loss-selling behavior. #Update #Crypto $BTC
Bitcoin’s short-term holders’ Realized Price is $86,800, indicating potential profit-taking risk as $BTC trades around $94,500 with STH MVRV Ratio at 1.08, signaling unrealized gains of 8%. #Update #Crypto @glassnode ↘ (-2)