2日前
Willy Woo: Bitcoin Still Below Key Bear-Market Exit Signals, STH Cost Basis Near $81,000
Bitcoin has not yet flashed three indicators that have often coincided with bear-market bottoms, including reclaiming the short-term holder (STH) cost basis, per analyst Willy Woo. The STH cohort is defined as buyers from the past 155 days, and their average breakeven is cited around $81,000, leaving recent holders with more than a 14% unrealized loss. Bitcoin ended last week below $67,000 and later rebounded to about $69,500 to start Monday.