**Bitcoin Breaks $62K, Signals Potential Bull Run**

Bitcoin surged past $62,000 on September 19, surpassing the short-term holder (STH) realized price, a key metric indicating the average buy price for investors holding BTC for less than 155 days. This level often acts as support during uptrends.

CryptoQuant analyst Avocado_onchain highlights the importance of the STH realized price as a critical support and resistance level. Bitcoin's recent price of $63,855, 1.4% above this metric, suggests a positive market outlook.

Popular analysts suggest that maintaining prices above this level could signal a continued bull market. Data from IntoTheBlock shows strong support between $61,625 and $63,510, where over 2.45 million addresses hold approximately 421,820 BTC.

Additionally, a spike in the Taker Buy Sell Ratio on centralized exchanges indicates strong buy-side pressure, pointing to bullish sentiment. This surge in aggressive buying could hint at further short-term gains for Bitcoin.

*Note: This article is for informational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.*