Bitcoin's Balancing Act: BTC Tiptoes on Delicate Ground 🤹‍♂️

- Bitcoin recently bounced back above $63,000, aiming to reclaim the short-term holder (STH) cost basis at $62,500.

- Glassnode analysts warn that failing to stay above this level could pressure recent buyers.

- BTC's spot price has been trading above key levels like the True-Market Mean ($47,000) and Active Investor Price ($52,500), hinting at a robust market.

- However, the market remains sensitive, with significant investor profitability hinging on small price changes.

- Stay tuned, as BTC's next move could tip the scales!