Bitcoin Struggles To Reclaim Key Cost Basis As Realized Losses Climb — Details
Since the past week, the Bitcoin price has traded below the cost basis of one of its most reactive investor groups. Based on recent on-chain information, the world’s largest cryptocurrency might face further trouble if its price fails to reclaim this crucial level. Bitcoin’s Drop Under $80,000 Drives Realized Losses Upwards In an X post…
Bitcoin Stalls At $77K As Major On-Chain Resistance Kicks In – Details
Bitcoin prices are consolidating around the $77,000 mark, following a net 2.12% in the last week. The maiden cryptocurrency has registered significant positive traction in April, rising from around $67,000 to its current price level in the last three weeks. However, on-chain data indicates Bitcoin is yet to encounter the major resistance levels that could…