The average cost basis for short-term holders (<1 month and <3 months) sits at $112,700, marking the first key resistance for a bounce—now just a stone’s throw away (based on closing prices). Once this level is broken, the next target to watch is $115,000, which lines up with the lower edge of BTC’s uptrend channel since April, coinciding with the extreme deviation zone on the MVRV indicator.
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Thanks to @01573bit Beifang and my WeChat friend, public, for recommending the new Bitcoin protocol, Radfi's Dragon One RAD. I hadn't done much research. Its market cap was $710,000 back then, and now it's $1.4 million, doubling in about four days. Unfortunately, I got lazy and didn't buy it. The Bitcoin ecosystem has this problem: as Bitcoin becomes increasingly valuable, people treat it like gold. Would you use gold to buy goods? Most people hoard it.
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It looks like @MitosisOrg is going to be added to the form! Launching the second season activity! The top 35 yappers on @KaitoAI each month can earn 50000 miusdc! Seems like the TGE is not far away! The project's token model allocation has been released. Let's take a look: Total supply: 1 billion $MITO tokens.
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