Glassnode: Next major on-chain resistance for Bitcoin is Short-Term Holder Realized Price, trading at $45.9k

03/26 00:57

Glassnode tweeted: "The next major on-chain resistance for Bitcoin is the Short-Term Holder Realized Price, trading at $45.9k. This metric is the average price paid for BTC by investors who purchased after the October ATH. Bearish resistance comes from STHs seeking to 'get their money back'."
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