Investors who bought Bitcoin in the last 6 months have made excellent profits. According to STH Realized price, the average purchase price for these investors is approximately $83,800.
Currently, Bitcoin's price is $97,000 and remains stable, even though these investors are in profit, they expect better prices.
The average purchase price for these investors serves as a strong support level for Bitcoin. In case any negative news appears in the markets, it will be the strongest buying point.
Written by abramchart