Tag: ending
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Bitcoin’s 9-Month Bear Market May Be Ending as Short-Term Holder Cost Basis Falls to $69K
On-chain indicators are painting a potentially bullish picture for Bitcoin, suggesting that the cryptocurrency might be entering the final stages of its prolonged nine-month bear market. A prominent crypto analyst, known as Darkfost, recently highlighted a critical development on the blockchain: a downward crossover of the cost basis between Short-Term Holders (STH) and Long-Term Holders…
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Bitcoin’s 9-Month Bear Market May Be Ending as Short-Term Holder Cost Basis Falls to $69K
On-chain data indicators are suggesting a potential turning point in the prolonged nine-month bear market for Bitcoin. A prominent cryptocurrency analyst, known by the pseudonym Darkfost, has highlighted a significant technical development: a downward crossover of the cost basis between Short-Term Holders (STHs) and Long-Term Holders (LTHs). This signal, confirmed over a three-day period, is…
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Bitcoin’s 9-Month Bear Market May Be Ending as Short-Term Holder Cost Basis Falls to $69K
On-chain indicators are flashing signals that the protracted nine-month bear market for Bitcoin may be entering its terminal phase, potentially paving the way for a recovery. Popular crypto analyst Darkfost recently highlighted a significant on-chain development: a downward crossover of the cost basis between Short-Term Holders (STH) and Long-Term Holders (LTH). This crucial signal, confirmed…
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Bitcoin’s 9-Month Bear Market May Be Ending as Short-Term Holder Cost Basis Falls to $69K
On-chain indicators are signaling a potential turning point in Bitcoin’s prolonged bear market, with a key metric indicating that the current downturn, which has lasted approximately nine months, may be entering its final stages. This optimistic outlook is primarily driven by the observed downward crossover of the Short-Term Holder (STH) and Long-Term Holder (LTH) cost…
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