Bitcoin Stalls at $70,700 as Short-Term Holder Cost Basis Turns Into Resistance
Covered by 2 sources · 2 articles
2 outlets - including Thecoinrepublic and Bitcoinworld - are covering this story. Key Insights: Bitcoin (BTC) price has climbed above the short-term holder cost basis after spending five months below it. At the same time, short sellers were forced out of positions as the market recovered. Analysts are now watching whethe…
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BTC Breaks Short-Term Holder Cost Basis As Bitcoin Price Rebounds
Key Insights: Bitcoin (BTC) price has climbed above the short-term holder cost basis after spending five months below it. At the same time, short sellers were forced out of positions as the market recovered. Analysts are now watching whethe…
Bitcoin Stalls at $70,700 as Short-Term Holder Cost Basis Turns Into Resistance
BitcoinWorld Bitcoin Stalls at $70,700 as Short-Term Holder Cost Basis Turns Into Resistance Bitcoin’s price action continues to face a significant hurdle at $70,700, a level that now serves as a technical and on-chain resistance point. Acc…