STH Realized Price #bitcoin is currently in ~$73k range
Historically #BTC bottoms have been formed when STH Realized Price Deviation reaches -40% region
As the price moves further away from the STH RP, it forces this category of investors to capitulate — if it hasn't already done so
#Onchain #sth #CYCLE $BTC
Historically #BTC bottoms have been formed when STH Realized Price Deviation reaches -40% region
As the price moves further away from the STH RP, it forces this category of investors to capitulate — if it hasn't already done so
#Onchain #sth #CYCLE $BTC