Bitcoin hits support from key level at short-term holder cost basis

Bitcoin’s price fluctuation between $50,000 and $66,000 since early August continues to see activity around the short-term holding cost basis, according to checkonchain. The market price began at approximately $66,000 in early August, dipped below $50,000, and climbed back to the $64,000 mark through late September. Short-term holders (STH) had a cost basis closely tracking […] source: https://cryptoslate.com/insights/bitcoin-hits-support-from-key-level-at-short-term-holder-cost-basis/