🚨 Bitcoin Has Fallen Below Multiple On-Chain Cost Supports, Next Major Support at $81,700 Glassnode: Bitcoin has now fallen below several on-chain cost indicators (which can serve as support reference points), including: - Short-Term Holder Cost Basis (STH Cost Basis, $90,900) - Active Investors Mean ($88,100) The next significant level is at $81,700, which represents the Realized Market Mean. For long-term support reference, the Realized Market Price stands at $56,400.

Share







Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.