Pasha
@pasha
As of March 3, 2025, the average cost basis for short-term Bitcoin investors is roughly $92K. As long as we remain above this level, we can expect the Bitcoin bull rally to continue. Additionally, the STH SOPR data is at 1.01. While these two data points provide some short-term confidence, the other metrics mentioned above indicate that the danger has not yet passed. However, if Bitcoin stays above $92K, the upward trend is expected to continue.
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