While Bitcoin Metric Points to 2021 Bull, Analysts Give the Good News!

The latest developments in the cryptocurrency world provide remarkable details about the “Short-Term Holder Realized Price”. This metric, which shows the on-chain average purchase price of coins likely to be traded over a 155-day period in the near future, has already surpassed the $35,000 mark. This price point Bitcoin It is noteworthy that it is tracking very close to the levels seen in March 2021, when it had a transaction value close to $ 49,000.

However, the detail that attracted the most attention of analysts was the difference between the current value of Bitcoin price at $ 43,000 and the Short-Term Holder Realized Price of around $ 35,000. This divergence highlights a significant shift in market sentiment and a sustained cycle that lacks the previous euphoria characteristic of uptrends witnessed in 2021.

On the other hand, the Long-Term Held Real Price paints a very different picture, pointing to a more conservative value of $21,000. Calculated for coins that are unlikely to be traded anytime soon, this metric represents the strength of belief among long-term investors with a visionary perspective.

It is also of interest that long-term holders’ Realized Price has consistently lagged behind the overall Realized Price, currently at $21,802. This divergence shows a clear upward trajectory in the overall Executed Price, indicating that trades are being executed at increasingly higher price levels.

The data in question represents the change in sentiment among cryptocurrency investors in addition to the change in the Bitcoin market. These developments, which point to a positive change in the sentiment of short-term investors and long-term investors, are welcomed by analysts.

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