On December 1st, according to glassnode data, Bitcoin has now fallen below multiple on-chain cost indicators. ( can serve as a support point reference ), including the short-term transaction cost basis (STH Cost Basis, $90,900) and the active investors mean (Active Investors Mean, $88,100). The next important indicator is at $81,700, which represents the True Market Mean. As for long-term support reference, the realized price (Realized Price) is $56,400.
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Bitcoin has fallen below multiple on-chain cost supports, with the next important support at $81,700.
On December 1st, according to glassnode data, Bitcoin has now fallen below multiple on-chain cost indicators. ( can serve as a support point reference ), including the short-term transaction cost basis (STH Cost Basis, $90,900) and the active investors mean (Active Investors Mean, $88,100). The next important indicator is at $81,700, which represents the True Market Mean. As for long-term support reference, the realized price (Realized Price) is $56,400.