PANews, June 7 news, the on-chain analysis platform Glassnode stated in a post on platform X that due to the recent trading price of BTC being close to historical highs, the cost basis of short-term holders provides key insights, with the current basis price at $97,100. In addition, the two key price thresholds based on the standard deviation range for Bitcoin are $114,800 (+1σ) and $83,200 (-1σ), and breaking through or falling below this range may determine the next major market trend.
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TheInvisibleDivineMas
· 19h ago
The day before yesterday, it even reached 106,500 dollars. Is it useful? Still at 11.48, what a bunch of nonsense analysts.
Glassnode: The current two key price thresholds for BTC are $114,800 and $83,200.
PANews, June 7 news, the on-chain analysis platform Glassnode stated in a post on platform X that due to the recent trading price of BTC being close to historical highs, the cost basis of short-term holders provides key insights, with the current basis price at $97,100. In addition, the two key price thresholds based on the standard deviation range for Bitcoin are $114,800 (+1σ) and $83,200 (-1σ), and breaking through or falling below this range may determine the next major market trend.