<ul><li>An analyst has explained how the Bitcoin on-chain indicator, the Realized Price of short-term holders, has proven to be reliable for day-to-day BTC trading.</li><li>The Realized Price indicator tracks the cost basis of Bitcoin investors or addresses, indicating whether the holders are in a state of net profit or loss.</li><li>Short-term holders (STHs) who purchased their coins within the past 155 days are of particular interest in this analysis.</li><li>The STH Realized Price has acted as both support and resistance for Bitcoin, with breaks above or below the line influencing investor psychology and impacting the BTC price.</li></ul>

Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’

Discover more