Bitcoin Recovery Above Key Cost Basis Level Fails As BTC Falls Under $77,000

Bitcoin has witnessed a drop back below the $77,000 level, and with it, the cryptocurrency has lost its recovery above the short-term holder cost basis. Bitcoin Has Fallen Under The STH Realized Price In a new post on X, analyst Maartunn has talked about how BTC’s move above the short-term holder Realized Price ended in rejection. The “Realized Price” here refers to an on-chain indicator that measures the cost basis of the average investor or address on the Bitcoin network. Related Reading: Ethe