Bitcoin's price is bouncing around between $80,000 and $85,000! It's a bit confusing for investors. Some think it's a good time to buy, others aren't so sure. Let's find out what's going on!
- Experts are looking at something called the "short-term holders' average cost basis." This is the average price people who bought Bitcoin recently paid.
- Right now, Bitcoin is below that average price, which might mean more people will sell.
- But, some investors are still buying more Bitcoin!
Fact | Number |
---|---|
Bitcoin's current price | Around $86,000 |
Short-term holders' average cost | $90,950 |
Bitcoin below average cost by | 6% |
BTC bought in last 4 days by STH | 35,000+ |