Bitcoin breaks below key resistance level at $22,264; long-term holders on aggregate now underwater

meaning This chart shows long-term holder variants of two classic on-chain metrics. LTH realized price The average price of long-term holders’ BTC supply, valued on the day each coin last traded on-chain. This is often considered the “on-chain cost base” for this cohort. LTH MVRV ratio is the ratio of the long-term holder cohort’s market […]

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