<ul><li>The Bitcoin price has somewhat slowed down this weekend, failing to capitalize on its resurgent momentum from Friday, October 4.</li><li>Bitcoin continues to trade under the realized price of short-term holders (STH), indicating potential downward pressure on price.</li><li>When the spot value of Bitcoin is higher than the short-term holders’ realized price, it encourages traders to buy more coins, triggering an upward price movement.</li><li>Bitcoin's holder behavior in 2024 mirrors the 2016 and 2020 halving years, suggesting potential price growth for the market leader.</li></ul>

Bitcoin Lags Under STH Realized Price Of $63,000 — What Does This Mean?

Discover more