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What Does the Mid-Term Cost Basis Signal for Bitcoin? 

  • Bitcoin is near a crucial on-chain support area, with mid-term holder entry average at $98,000.
  • Holders at this level are still in profit, indicating stable confidence among traders.
  • The $98K–$100K range is critical for Bitcoin, with a bounce here potentially leading to renewed momentum.
  • Bitcoin's future trajectory may rely on how mid-term holders behave around the $98K range.

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