Bitcoin Bounces After War-Driven Dip, $98.2K Emerges as Key Level to Maintain Bullish Momentum

Bitcoin Bounces After War-Driven Dip, $98.2K Emerges as Key Level to Maintain Bullish Momentum


The short-term holder realized price (STH RP) for bitcoin

currently sits at $98,200, representing the average on-chain acquisition price for bitcoin {BTC} held outside of exchange reserves and moved within the last 155 days.

This metric, derived using on-chain heuristics, helps distinguish between short and long-term holders and provides insight into market sentiment, according to Glassnode data.

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Realized price refers to the average acquisition price

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