BITCOIN: KEY SHORT-TERM HOLDER (STH) PRICE LEVELS
Bitcoin is trading at $83,608, with the STH MVRV at 1.13, indicating that short-term holders are still sitting on an average unrealized profit of 13%.
Resistance Levels:
- $91,051 | +1σ
- $99,444 | +1.5σ
Key Decision Level:
- $82,658 | +0.5σ
Support Levels:
- $74,264 | STH Realized Price
- $65,871 | -0.5σ
- $57,478 | -1σ
- $49,084 | -1.5σ
As long as $BTC holds above $82.6K, there is room for a recovery. Losing this level increases the probability of a retest of $74.2K, below which short-term holders would, on average, move from unrealized profits into unrealized losses.
These levels are dynamic and help identify potential support, resistance, and capitulation zones.
Bitcoin is trading at $83,608, with the STH MVRV at 1.13, indicating that short-term holders are still sitting on an average unrealized profit of 13%.
Resistance Levels:
- $91,051 | +1σ
- $99,444 | +1.5σ
Key Decision Level:
- $82,658 | +0.5σ
Support Levels:
- $74,264 | STH Realized Price
- $65,871 | -0.5σ
- $57,478 | -1σ
- $49,084 | -1.5σ
As long as $BTC holds above $82.6K, there is room for a recovery. Losing this level increases the probability of a retest of $74.2K, below which short-term holders would, on average, move from unrealized profits into unrealized losses.
These levels are dynamic and help identify potential support, resistance, and capitulation zones.