@quantumquesting
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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