<ul><li>Recent CryptoQuant analysis suggests that the average buy price of short-term Bitcoin holders could indicate future market trends.</li><li>When Bitcoin's price breaks through the average buy price, it often leads to a bullish trend, while rejection can signal a bearish phase.</li><li>Bitcoin is currently approaching the average buy price level, with a recent 5.8% surge in price.</li><li>Analysts are optimistic about Bitcoin's potential for further price moves due to technical patterns and the recent US fed rate cut.</li></ul>

Will Bitcoin Break Through $70k? Short-Term Holders’ Buy Price Holds The Key

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