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Bitcoin Set for Potential Correction and Buying Opportunity Amid STH Realized Price Dip

Bitcoin Set for Potential Correction and Buying Opportunity Amid STH Realized Price Dip


CoinOtag
2024-06-23 03:14:53

The recent drop in Bitcoin [BTC] below the Short Term Holder (STH) Realized Price brings concerns of a further decline. Analysis of the Market Value to Realized Value (MVRV) Long/Short difference hints at a potential price recovery in the future. Notably, Bitcoin’s current state bears a resemblance to previous market cycles where similar metrics triggered


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