Bitcoin’s STH cost basis suggests $117K is the next stop for BTC price


Bitcoin’s STH cost basis suggests 7K is the next stop for BTC price


Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price.

Key takeaways:

Bitcoin’s STH cost basis, MVRV data, and other technical indicators suggest that BTC price is on track toward $117,000.

Analysts suggest a breakout above $109,000-$110,000 could push BTC to fresh all-time highs.

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