# Reaccumulation Articoli collegati

Bitcoin Price Bottom Could Be Around $40,000, On-Chain Data Shows

Based on on-chain data analysis by Ali Martinez, the Bitcoin price bottom in the current bear market could be around $40,000. This projection hinges on the cost basis of long-term holders (LTH), investors who have held their coins for over 155 days. Historically, this level acts as a strong support during downturns, as these investors are less likely to sell and often increase their buying when the price approaches their average acquisition cost, which is currently approximately $40,363. If selling pressure does not overwhelm this renewed buying activity, this cost basis could mark the market bottom. Currently, Bitcoin is trading near $68,330, down over 45% from its all-time high.

bitcoinist02/22 17:02