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ELARA QUEEN
$BTC is gradually coming back to the STH cost basis, and what I’m particularly watching are the 1m-3m and 3m-6m cohorts.
—> $BTC has now been trading above their cost basis for several weeks.
In detail :
• 1m-3m : $63 424
• 3m-6m : $73 655
When $BTC trades above the cost basis of these older STH cohorts, we can expect a positive dynamic to develop.
Being in profit, these cohorts will tend to shift toward holding their BTC in hopes of realizing further gains.#CryptoTreasuryDivides
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